[INDIAN ECONOMIC NEWS] Good morning, everyone. I’m Chi Yun In staff of Kamaindia Pvt. Ltd.
Here I have an important Indian economic news to share with you which is as undermentioned.
The controversial draft policy on ecommerce, which proposes up to 49% foreign direct investment (FDI) in inventory-based ecommerce and pitches for data localisation, has irked various ministries and government departments, with many questioning the rationale behind key proposals.
Sources told ET that some ministries and departments feel the draft policy encroaches on their domain as it deals with many issues outside the remit of the commerce department, which is looking to issue a draft ..
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