FDI in e-Commerce facilitates mass-scale dumping of products to India
Sai Nikesh | The Dollar Business In a step-ahead move to address the concerns of Indian retailers -online and offline, the Ministry of Commerce, Government of India, on Friday, convened a meeting that was chaired by Amitabh Kant, Secretary, Department of Industrial Policy and Promotion (DIPP). Discussion on 100% FDI allowance in e-commerce sector, 'Ease of doing business', clarity on taxation, were among other key issues discussed in the meeting. Speaking to The Dollar Business on outcomes of the meet, Praveen Khandelwal, Secretary General, Confederation of All India Traders (CAIT), said, “All the concerns raised by trade bodies and e-commerce players were received positively...Since the matter on ‘FDI in e-Commerce’ is contentious, it has been announced that the Commerce Minister will be holding ...
