The government is soon coming up with a new policy. Discount on online shopping will no longer be available

in #online6 years ago

Users who take huge discounts and discounts on online shopping are now going to be shocked. The Central Government is preparing to monitor the huge discounts given on online shopping portals like Amazon, Flipkart, Snapdeal, Petty M Mall. On July 30, the government introduced the e-commerce policy draft for discussion before the respective parties. In the policy draft, it has been proposed that such exemption should be restricted after a certain date so that the online sector can be regulated.

The government is trying to bring this bill under several motives. Consumer Protection and Grievance Readresal, FDI, data collection in India, merger and acquisition of small and medium industries have also been added in this bill. The government can also make changes to this bill after taking opinions from the common people. This bill has also been asked to appoint the regulator for regulating the sector. This draft policy has also been proposed to rein in the many shopping masks related to online shopping. Also, in this policy, flipkart, amgunasaha suggi, jameto etc. can also be reinforced.

Let us tell you that the e-commerce market is currently $ 25 billion through online portal in India. It is believed that in the next 10 years this market will reach up to 200 billion US dollars. Due to increasing activity in the online sector, companies like Wal-Mart, Amazon, Alibaba, big players from around the world are going to invest in India. This draft policy also provides for 100% Foreign Direct Investment (FDI) for business-to-business (B2B) e-commerce. However, for 49% of business-to-customers (B2C) provision of Foreign Direct Investment (FDI) has been given. Soon the general public's opinion will be taken on these provisions.images (46).jpeg

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The online market it surely giving tuff competition to the local market and also giving the choice back to buy what they wish in the hands of the consumer rather then the local seller who only sells what they wish and have maximum profit in which is wrong

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