The revised norms are aimed at protecting the interest of domestic players, who have to face tough competition from e-retailers having deep pockets from foreign investors. The Video discusses the basics related to the e-commerce … Linking the rules, procedures, and incentives for the imports and exports with other government schemes like Make in India, skill India, Digital India etc for the purpose of the export promotion. Samsung launched its new A9 phone exclusively on Flipkart. These UPSC notes on E-commerce new rules in India are aligned with the UPSC Syllabus and aspirants should prepare this topic for General Studies Paper III. Don’t lose out on any important Post and Update. Way forward. Take advantage of our expertise in supply chain management and operations processes. What is e-commerce? India set out a new draft policy to govern its ever-increasing e-commerce sector. The Policy takes into account interests of all stakeholders, be they investors, manufacturers, MSMEs, traders,retailers, startups and consumers. These changes will enable a level playing field for all sellers, helping them leverage the reach of e-commerce. Also, foreign e-commerce companies providing live streaming services that use payment tokens should be regulated to ensure that users route such transactions through formal and regulated payment channels. of consumers among relevant e-commerce actors is key to promoting consumer welfare and enhancing consumer trust; On the proposal of the Committee on Consumer Policy: I. They had started luring away so many customers with discounts and cashback — and of course, the ease of buying without stepping out — that brick-and-mortar retail was seen to be dying off soon. E-COMMERCE RULES [UPSC Notes GS III] Context: ... E-commerce companies would be barred from selling products sourced from firms in which they have a ... come with an e-commerce policy soon so that small vendors get enough chances to participate in the online business. New e-commerce rules restrict players from selling the products of companies in which they have a stake and capping the percentage of inventory that a vendor can sell through a marketplace entity (IT platform of an e-commerce entity) or its group companies. “Data mandate is with the ministry of electronics and information technology . Tag:IAS UPSC IASbaba RSTV Debate, RSTV Big Picture UPSC IAS, No.38, 3rd Cross, 1st Phase, Once this definition is taken in conjunction with the foreign direct investment (FDI) rules, the situation becomes complex. the various E-Commerce stakeholders, maintaining a level-playing field for relevant stakeholders. Busque trabalhos relacionados com E commerce policy upsc ou contrate no maior mercado de freelancers do mundo com mais de 19 de trabalhos. India’s roaring digital economy, with half a billion users and growing, is witnessing pitched battles in everything from online retail and content streaming to messaging and digital payments. Smaller sellers on online platforms, which have been contesting the preferential treatment meted out by Flipkart and Amazon to their entities, have reason to cheer. Important Notice : e-Admit Card - Civil Services (Main) Examination, 2020 The SOs-Stenos (Grade B-Grade-I) LDCE, 2016 onwards scheduled to be notified on … India’s new e-commerce policy came into effect on February 1, 2019. These services include logistics, warehousing, advertisement, marketing, payments, financing, etc. The government has released the draft e-commerce policy. How many Articles are there in the Constitution. Global corporations lead in each of these segments, while local startups have sought help from a sympathetic government that recently banned dozens of apps backed by Chinese technology giants. The government would appoint an e-commerce regulator to ensure the industry is competitive with broad access to information resources. E-Commerce - Read about mobile commerce, electronic funds transfer, supply chain management, Internet marketing and more related to e-commerce. The policy says a vendor will not be permitted to sell more than 25% of its products on an online platform of a single e-marketplace firm. The National e-Commerce Policy lays down strategies to address issues pertinent to the sector.Consumer protection, data privacy and maintenance of a level-playing field are some of the crucial issues. Electronic commerce or ecommerce is a term for any type of business, or commercial transaction that involves the transfer of information across the Internet. Currently, e-commerce platforms are allowed only to follow marketplace model where 100% FDI is allowed. Any service like logistics provided by e-commerce companies to vendors in which they have direct or indirect equity participation or common control stake should be fair and non-discriminatory. Marketplace model of e-commerce means providing of an information technology platform by an e-commerce entity on a digital and electronic network to act as a facilitator between buyer and seller. The National e-Commerce Policy lays down strategies to address issues pertinent to the sector-Consumer protection, data privacy, and maintenance of a level playing field.Need for policy. Des modules Chronopost sont téléchargeables pour intégrer le service de livraison directement sur votre plateforme e-commerce. For imported goods, the country of origin and value of work done in India should be clearly specified. The Commerce Ministry to carry out a fresh round of consultations with stakeholders to address concerns raised by many on the proposed e-commerce policy. It refers to the buying and selling of goods and services via electronic channels, primarily the Internet. This comes with a condition that the e-tailer sells 100% Made-in-India products. Click to download our app. The newly drafted e-commerce rules would protect domestic firms and may further restrict the way foreign companies operate within the country. Do you agree? From the point of view of the vendor too, the clarification said that an entity with an equity stake owned by an e-commerce marketplace entity or its group companies, or having control on its inventory by e-commerce marketplace entity or its group companies, will not be permitted to sell its products on the platform run by such marketplace entity. Global corporations lead in each of these segments, while local startups have sought help from a sympathetic government that recently banned dozens of apps backed by Chinese technology giants. The policy draft was prepared by the Ministry of Commerce’s Department for Promotion of Industry & Internal Trade. To know more about FDI in Retail, follow the linked article. Also, it curbs the practice of deep discounts, the government said they cannot directly or indirectly influence the price of goods and services, and also brought in a new set of rules that bar the sale of products exclusively in one marketplace. E-commerce platforms would be required to provide to consumers the details of sellers, including phone numbers, customer complaint contacts, email and addresses. Latest Current Affairs in May, 2020 about National E-Commerce Policy. The index scores 152 nations on their readiness for online shopping, worth an estimated USD 3.9 trillion globally in 2017, up 22 per cent from the previous year. E-commerce regulation and need of e-commerce policy. 2nd Stage, 60 Feet Mains Road, OGP InstaClasses- Classroom Program - 2021 (Online) To know how FDI will affect E-commerce in India, visit the linked article. Back2Basics: Invenetory model and marketplace model. The main features of the clarification include the provision that vendors that have any stake owned by an e-commerce company cannot sell their products on that e-commerce company’s portal. Download e-commerce notes PDF for IAS Exam. In November 2018, the OnePlus 6T phone went on sale exclusively on Amazon, besides being available on the phone company’s website. Explain. In News: India’s latest e-commerce policy draft includes steps that could help local startups and impose government oversight on how companies handle data. Landmark: Just 50m from Karol Bagh Metro Station, GATE No. The Department For Promotion of Industry and Internal Trade (DPIIT) has released the draft National e-Commerce Policy for public comments.. The government has said that e-commerce entities will have to maintain a level playing field, and ensure that they do not directly or indirectly influence the sale price of goods and services. E-commerce firms are needed to comply with the new guidelines by February 1, 2019. Electronic Commerce, commonly known as E-commerce or eCommerce, is trading in products or services using computer networks, such as the Internet. For more UPSC related preparation materials and articles, visit the links given in the table below: Your email address will not be published. This will ensure that the network effects do not lead to creation of digital monopolies misusing their dominant market position. Body. For this clause, the provision of services to any vendor on such terms that are not made available to other vendors in similar circumstances will be deemed unfair and discriminatory. Department of Industrial Policy & Promotion was established in 1995 and has been reconstituted in the year 2000 with the merger of the Department of Industrial Development. ; The main feature of the market place model is that the e-commerce firm like flipkart, snapdeal, amazon etc. For UPSC 2021 preparation, follow BYJU'S. Features and issues of draft e-commerce policy. Demand of the question Introduction. Consumers may no longer enjoy the deep discounts offered by retailers that have a close association with marketplace entities. The rules cover marketplaces working as aggregators, and inventory-led models where the retailer owns the stocks. Landmark: Opposite to BBMP Office / CULT Fitness, IASBABA, 5B, Pusa Road, Karol Bagh, New Delhi – 110005. “Draft National E-Commerce Policy” ... 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India’s latest e-commerce policy draft includes steps that could help local startups and impose government oversight on how companies handle data. Restricts marketplaces from influencing prices in a bid to curb deep discounting. The time has now come to look at franchise channels, rather than equity investments channels, to do business in India,” Rajiv Chugh, National Leader, Policy Advisory & Speciality Services, EY India, said. Government, in consultation with relevant stakeholders, will define the categories of e-commerce that would require mirroring or localization. The newly drafted e-commerce rules would protect domestic firms and may further restrict the way foreign companies operate within the country. This topic is important for the UPSC Mains exam. Insights has redefined the way preparation is done in UPSC civil service exam. Mandates government access to online companies’ source codes and algorithms, which would help ensure against “digitally induced biases” by competitors, Govt. E-commerce companies will be required to make data available to the government within 72 hours, which could include information related to national security, taxation and law and order. Purpose of the policy: It prevent large players from pricing out the competition though unfair practices, but taken too far such licensing and price controls can depress the sector. The policy focuses on six broad issues of the e-commerce sector, which includes data, infrastructure development, e-commerce marketplaces, regulatory issues, stimulating domestic digital economy and export promotion through e-commerce. The government should also come with an e-commerce policy soon so that small vendors get enough chances to participate in the online business. New E-Commerce Rules in India [UPSC Notes GS-III]:-Download PDF Here. will be providing a … The draft policy defines e-commerce as “buying, selling, marketing or distribution of goods, including digital products and services, through electronic network”. The task force has recommended that FDI may be allowed in inventory-based e-commerce companies up to 49%, with the condition that the e-tailer sells 100% Made-in- India products. This will allow e-commerce firms to offer their own brands — as long as they are made in India. Background . In the past few years, online marketplaces had hit the brick and mortar hard. The rules stipulate that e-commerce platforms will have to set up a grievance redressal cell and appoint a nodal officer, and ensure all complaints are resolved within a month. E-commerce platforms would be required to provide to consumers the details of sellers, including phone numbers, customer complaint contacts, email and addresses. Commerce and Accountancy is one of the many optional subjects that can be opted for the Civil Services Mains Exam.UPSC Commerce and Accountancy Syllabus for UPSC Mains Exam consists of two papers for 250 marks each. Your email address will not be published. The implementation has caused widespread disruption for the online retailers, forcing some of … E-commerce Portal: ekhadiindia.com | UPSC HEADLINES: The E-commerce Platform becomes another symbol of Ministry’s process re-engineering; this time through e-marketing WHY IN NEWS: Ministry’s khadi arm- Khadi & Village Industries Commission (KVIC) launches E-commerce … E-commerce companies would be barred from selling products sourced from firms in which they have a stake in or control over. aspirants can find more notes from the links given at the end of the article. The first restriction explicitly disallows e-commerce marketplace companies from selling private labels that are brands they directly or indirectly own, on their platforms. can ascertain whether e-commerce businesses have “explainable AI,” referring to the use of artificial intelligence as there’s a tendency among some of the leading companies to exercise control over most of the information repository. 8 (Next to Croma Store). India set out a new draft policy to govern its ever-increasing e-commerce sector. This will impact backend operations, as Group entities would have to be removed from the e-commerce value chain. Under the new rules, the e-commerce retailer shall be deemed to own the inventory of a vendor if over 25 per cent of the purchases of such a vendor are through it. Recently, the Ministry of Commerce & Industry reviewed and amended the Foreign Direct Investment (FDI) Policy in e-commerce in order to ensure a level playing field between offline and online sectors. 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The Need: India’s roaring digital economy, with half a billion users and growing, is witnessing pitched battles in everything from online retail and content streaming to messaging and digital payments. The new guidelines restricting discounts and cashback will help brick-and-mortar retailers retain customers. Well, not anymore. The e-commerce policy will be aligned with these issues. Discuss the salient features of Consumer Protection (E-Commerce) Rules, 2020. Inventory model - FDI may be allowed in inventory-based e-commerce companies up to 49%. Complement your preparation for the upcoming exam by checking the following links: IAS Exam aspirants can find more notes from the links given at the end of the article. Popular Courses. These UPSC notes on E-commerce new rules in India are aligned with the UPSC Syllabus and aspirants should prepare this topic for … Even for private labels, retailers may not be able to advertise or promote their brands while charging third-party sellers for pushing them. The biggest winners from the new guidelines will be the traditional brick-and-mortar sellers. And while it’s simple to attribute the changes to the pandemic, many of the trends impacting e-commerce fulfillment were already in motion before Covid … Chandralayout, Bengaluru-40 Required fields are marked *. The policy mandates that no seller can sell its products exclusively on any marketplace platform. and aspirants should prepare this topic for General Studies Paper III. With this, special offers like cashback, extended warranties, faster deliveries to some brands will be prohibited, with the view to provide a level playing … Earlier separate Ministries for Small Scale Industries & Agro and Rural Industries (SSI&A&RI) and Heavy Industries and Public Enterprises (HI&PE) were created in October, 1999. UPSC Exam. Examples of E-Commerce companies: Few examples of the E-Commerce systems are Flipkart, Snapdeal, Amazon, Myntra, OLX, OlaCabs […] UPSC Commerce and Accountancy Syllabus 2020 for IAS Exam is released in the official notice of Civil Service exam. Various e-commerce companies led by #Amazon and #Flipkart have raised concerns related to these clarifications. Marketplaces are meant for genuine, independent sellers, many of whom are MSMEs (Micro, Small & Medium Enterprises). Over 6 lakh users. The government has been working on the policy for at least two years amid calls to reduce the dominance of global tech giants like Amazon.com Inc., Alphabet Inc.’s Google and Facebook Inc. E-commerce companies will be required to make data available to the government within 72 hours, which could include information related to national security, taxation and law and order. The policy will look at e-commerce only, even the aspect of cross border data flows,” the person said. É grátis para se registrar e ofertar em trabalhos. Any service on an e-commerce platform – logistics, warehousing, or easy financing options – will now have to be offered to all sellers and not to only preferred sellers. Such “exclusive sale” deals are common and popular across e-commerce platforms in India. The e-commerce revolution in India is setting a dangerous precedent which defies traditional market logic. Hosting data overseas has been a sticking point in previous drafts, which sparked criticism for being heavy-handed in helping local startups at the expense of others. This will allow e-commerce firms to offer their own brands as long as they are made in India. AGREES that this Recommendation applies to business-to-consumer e-commerce, including commercial practices through which businesses enable Ecommerce companies cannot charge additional prices from third-party sellers for these services. Crisp news summaries and articles on current events about National E-Commerce Policy for IBPS, Banking, UPSC, Civil services. What is e-commerce? This article will describe in detail new e-commerce rules in India, its effect on major e-commerce players, vendors, and consumers. Conclusion. This topic is important for the UPSC Mains exam. Also, the Government should form a regulatory authority to check the flouting of e-commerce rules. Learn everyday with Experts!! 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