E-commerce in India Current Affairs, GK & News
India has planned to tighten rules for e-commerce marketplaces like Amazon and Flipkart and has proposed several amendments to Consumer Protection (E-commerce) Rules, 2020. Background This decision was taken following complaints from small businesses. They have accused e-commerce marketplace of misusing market dominance and deep discounting by online retailers. Amendments have been proposed at a ..
Month: Current Affairs - June, 2021
The government discussing and is in process of developing regulations for the personal and non-personal data through the Draft National e-commerce policy. The policy highlights that the government have laid down the principles regarding the usage of data for development of any of the industry where such norms are not in effect. With the draft ..
Category: Legal & Constitution Current Affairs
E-commerce giant Amazon is going to face a legal battle as an anti-trust case has been filed with the Competition Commission of India against Amazon India by a group of about 2,000 online sellers. Issues The members of the All India Online Vendors Association, who sell goods on e-commerce sites like Amazon and Flipkart, accused ..
The Reserve Bank of India recently announced that it will regulate the entire activities of Payment Aggregators (PAs). Payment Aggregators enable the e-commerce sites and merchants to accept various payment instruments from the customers. As per the guidelines on regulation of PAs and Payment gateways (PGs), the existing PAs should attain a net-worth of Rs ..
Nasscom’s Data Security Council of India (DSCI) has recently collaborated with the Ministry of Electronics and Information Technology (MeitY) and Google India to launch a nationwide awareness campaign ‘Digital Payment Abhiyan’. The campaign will educate end-users on the benefits of making digital payments and urge them to adopt security and safety best practices. The pan-India ..