Industry, govt think-tank to discuss national e-comm policy

Cornelia Mascio
Aprile 24, 2018

The thinktank on framework for a national policy on e-commerce, headed by commerce and industry minister Suresh Prabhu, had its first meeting today.

A think tank has been set up to look into physical and digital infrastructure, regulatory regime, taxation policy, data flows, server localisation, intellectual property rights protection, FDI, technology flows, responding to disruptions in industrial organisation, skill development and trade-related aspects.

However, a detailed national policy on e-commerce would help the country gain clarity regarding its stand on e-commerce at the WTO.

India's e-commerce sector is growing rapidly, with online retail projected to grow to $200 billion by 2026 from $15 billion in 2016.

The think tank is led by commerce and industry minister Suresh Prabhu and comprised officials from ministries of finance, home affairs, corporate affairs, and electronics and information technology.

The think tank on the Framework for National Policy on E-commerce will seek to collectively deliberate on the challenges confronting India in the arena of digital economy with a view to developing recommendations for a comprehensive and overarching national policy on e-commerce, an official statement said.

Representatives of nearly 50 organisations are expected to participate in the first meeting of the think tank.

Other matters that could be discussed include online data protection, facilitating cross-border e-commerce, and promoting paperless trading. It will identify specific policy interventions for nurturing domestic firms and creating jobs in e-commerce.

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