e-Commerce policy Flashcards
Which department has given a time period related to this policy ?
DIPP has given a 60day window period for aligning e-Commerce companies to align themselves with govt modified FDI rules
What are the highlights of the policy ?
1) Bar online retailers from selling products through vendors in which they have an equity interest
2) Barring them from entering into exclusive deals with brands from selling products only on their platform
3) All online retailers will be reqd to maintain a level playing field for all vendors selling their products on the platform
What are the other highlights of the policy ?
4) Disallow e-commerce players to control the inventory of the vendors
5) e-commerce retailer shall be deemed to own the inventory of a vendor if over 25% of the purchases of such a vendor are through it