Hyderabad, July 31: Here is the bad news for the Indian people as they may not get the discount offer from the e-commerce websites like Flipkart and Amazon. The over $38 billion Indian e-commerce sector's free run may be ending.
On July 30, a government think-tank set up to form a comprehensive policy framework for the industry, submitted its report.
The stakeholders, including private sector and government officials from different departments such as commerce, industry, IT and electronics, formed part of think tank.
It has been recommended to establish a maximum duration for differential pricing or heavy discounts. The 19-page document circulated by the government clearly also talks about “boosting the domestic digital economy to find its rightful place with dominant and potentially non-competitive global players.”
Commerce secretary-designate Anup Wadhawan said the think tank on Monday deliberated upon the suggestions by various working groups, comprising industry and some government officials, and a final draft policy will be put out in due course.
According to one of the suggestions, a restriction must be imposed on e-commerce marketplaces to not directly or indirectly influence the price of sale of goods and services.