and aspirants should prepare this topic for General Studies Paper III. Chandralayout, Bengaluru-40 the various E-Commerce stakeholders, maintaining a level-playing field for relevant stakeholders. Government, in consultation with relevant stakeholders, will define the categories of e-commerce that would require mirroring or localization. Crisp news summaries and articles on current events about National E-Commerce Policy for IBPS, Banking, UPSC, Civil services. Download e-commerce notes PDF for IAS Exam. Features and issues of draft e-commerce policy. Discuss the salient features of Consumer Protection (E-Commerce) Rules, 2020. E-commerce platforms would be required to provide to consumers the details of sellers, including phone numbers, customer complaint contacts, email and addresses. Samsung launched its new A9 phone exclusively on Flipkart. With this, special offers like cashback, extended warranties, faster deliveries to some brands will be prohibited, with the view to provide a level playing … 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. 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. Demand of the question Introduction. Currently, e-commerce platforms are allowed only to follow marketplace model where 100% FDI is allowed. Over 6 lakh users. 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. Back2Basics: Invenetory model and marketplace model. The newly drafted e-commerce rules would protect domestic firms and may further restrict the way foreign companies operate within the country. Electronic commerce or ecommerce is a term for any type of business, or commercial transaction that involves the transfer of information across the Internet. Marketplaces are meant for genuine, independent sellers, many of whom are MSMEs (Micro, Small & Medium Enterprises). UPSC Exam. 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. The Policy takes into account interests of all stakeholders, be they investors, manufacturers, MSMEs, traders,retailers, startups and consumers. 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. Restricts marketplaces from influencing prices in a bid to curb deep discounting. The United Nations Conference on Trade and Development's Business-to-Consumer (B2C) E-commerce Index 2019 has been topped by the Netherlands for the second consecutive year. The newly drafted e-commerce rules would protect domestic firms and may further restrict the way foreign companies operate within the country. For UPSC 2021 preparation, follow BYJU'S. E-commerce firms are needed to comply with the new guidelines by February 1, 2019. AGREES that this Recommendation applies to business-to-consumer e-commerce, including commercial practices through which businesses enable These changes will enable a level playing field for all sellers, helping them leverage the reach of e-commerce. What is e-commerce? 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. Learn everyday with Experts!! What is e-commerce? Landmark: Just 50m from Karol Bagh Metro Station, GATE No. 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 … The policy will look at e-commerce only, even the aspect of cross border data flows,” the person said. Tag:IAS UPSC IASbaba RSTV Debate, RSTV Big Picture UPSC IAS, No.38, 3rd Cross, 1st Phase, 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. The implementation has caused widespread disruption for the online retailers, forcing some of … Consumers may no longer enjoy the deep discounts offered by retailers that have a close association with marketplace entities. This will impact backend operations, as Group entities would have to be removed from the e-commerce value chain. The first restriction explicitly disallows e-commerce marketplace companies from selling private labels that are brands they directly or indirectly own, on their platforms. 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. 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. This will allow e-commerce firms to offer their own brands as long as they are made in India. It refers to the buying and selling of goods and services via electronic channels, primarily the Internet. 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. 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. These services include logistics, warehousing, advertisement, marketing, payments, financing, etc. 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. This will allow e-commerce firms to offer their own brands — as long as they are made in India. 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 Department For Promotion of Industry and Internal Trade (DPIIT) has released the draft National e-Commerce Policy for public comments.. 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Required fields are marked *. Landmark: Opposite to BBMP Office / CULT Fitness, IASBABA, 5B, Pusa Road, Karol Bagh, New Delhi – 110005. This article will describe in detail new e-commerce rules in India, its effect on major e-commerce players, vendors, and consumers. E-Commerce - Read about mobile commerce, electronic funds transfer, supply chain management, Internet marketing and more related to e-commerce. India set out a new draft policy to govern its ever-increasing e-commerce sector. 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. To know how FDI will affect E-commerce in India, visit the linked article. Background . UPSC Commerce and Accountancy Syllabus 2020 for IAS Exam is released in the official notice of Civil Service exam. In November 2018, the OnePlus 6T phone went on sale exclusively on Amazon, besides being available on the phone company’s website. Don’t lose out on any important Post and Update. For more UPSC related preparation materials and articles, visit the links given in the table below: Your email address will not be published. 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. 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. E-commerce platforms would be required to provide to consumers the details of sellers, including phone numbers, customer complaint contacts, email and addresses. 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