{"id":209442,"date":"2019-02-04T18:30:18","date_gmt":"2019-02-04T13:00:18","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=209442"},"modified":"2019-02-04T16:11:23","modified_gmt":"2019-02-04T10:41:23","slug":"moci-fdi-policy-on-e-commerce","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2019\/02\/04\/moci-fdi-policy-on-e-commerce\/","title":{"rendered":"MoCI | FDI Policy on E-Commerce"},"content":{"rendered":"

In order to ensure due compliance of the FDI policy on e-Commerce<\/strong>, Press Note 2 (2018) has been issued. It puts in place certain conditions. These conditions include<\/strong>:<\/p>\n

    \n
  1. An entity having equity participation by 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.<\/li>\n<\/ol>\n
      \n
    1. e-Commerce marketplace entity will not mandate any seller to sell any product exclusively on its platform only.<\/li>\n<\/ol>\n

      This Press Note is effective from February 01, 2019.<\/p>\n

      Representations have been received to defer the implementation of Press Note 2. The FDI policy on e-Commerce, first pronounced through Press Note 2 of 2000, permitted 100% FDI in B2B e-commerce activities. With a view to provide clarity to the extant policy and after extensive stakeholder consultations, guidelines for FDI on the e-commerce were issued vide Press Note 3 (2016). To provide further clarity to FDI policy on e-commerce, Press Note 2 (2018) was issued.<\/p>\n

      Stakeholder consultations on creating a framework for National Policy on e-Commerce with representatives from Government Ministries, Departments, Reserve Bank of India, industry bodies, e-commerce companies, telecom companies, IT companies and payment companies have been held. Issues regarding the e-commerce sector are regularly reviewed by the Government.<\/p>\n

      The e-commerce sector is expected to keep growing in future because of a number of reasons. The FDI policy on e-commerce has remained unchanged. Better enforcement of this policy will contribute significantly to growth of this sector over medium and long term.<\/p>\n

      Ministry of Commerce & Industry<\/p>\n","protected":false},"excerpt":{"rendered":"

      In order to ensure due compliance of the FDI policy on e-Commerce, Press Note 2 (2018) has been issued. It puts in <\/p>\n","protected":false},"author":8808,"featured_media":178654,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8051,2],"tags":[3437,33600],"class_list":["post-209442","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business_news","category-news","tag-e-commerce","tag-fdi-policy"],"yoast_head":"\nMoCI | FDI Policy on E-Commerce | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2019\/02\/04\/moci-fdi-policy-on-e-commerce\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MoCI | FDI Policy on E-Commerce\" \/>\n<meta property=\"og:description\" content=\"In order to ensure due compliance of the FDI policy on e-Commerce, Press Note 2 (2018) has been issued. 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Department for Promotion of Industry and Internal Trade, Ministry of Commerce\u2026","rel":"","context":"In "Legislation Updates"","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":238428,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/11\/03\/foreign-direct-policy-fdi-consolidated-fdi-policy-2020-read-the-key-aspects\/","url_meta":{"origin":209442,"position":2},"title":"Foreign Direct Policy (FDI) | Consolidated FDI Policy, 2020: Read the Key Aspects","author":"Editor","date":"November 3, 2020","format":false,"excerpt":"Foreign Direct Investment (FDI) is considered as a major source of non-debt financial resource for economic development. 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In a Public Notice, available on\u2026","rel":"","context":"In "Hot Off The Press"","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52251,"url":"https:\/\/www.scconline.com\/blog\/post\/2016\/06\/20\/government-further-liberalises-fdi-norms\/","url_meta":{"origin":209442,"position":5},"title":"Government further liberalises FDI norms","author":"Sucheta","date":"June 20, 2016","format":false,"excerpt":"The Union Government has radically liberalized the FDI regime today, with the objective of providing major impetus to employment and job creation in India. The decision was taken at a high-level meeting chaired by Prime Minister Narendra Modi today. 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