‘India Need to Have Common Norms for Online, Offline Retail Business’
India need to have commonplace standards for offline and online retail business to safeguard essential customer factors which includes desire, comfort, charge and pleasant, in step with a take a look at carried out through the Bharti Institute of Public Policy (BIPP), Indian School of Business (ISB) in partnership with Empower India.
The report, titled ‘consumer centric e-trade in India,’ become based round four wide topics in e-commerce viz. Foreign direct funding, business fashions, information and seek, and taxation, to evaluate the present day e-commerce policies and make coverage pointers for development, in keeping with a joint statement.
Some key pointers of the report were policies on foreign investments in India want to be simplified to avoid misinterpretation by using events and have a common business trendy, no matter the mode of transaction, i.e., on-line or offline.
Exchange platforms complementing the prevailing ones along with the Open Network Digital Commerce (ONDC) and Government e-Marketplace (GeM), ought to be advocated to advantage both small dealers and end customers.
Rural e-commerce have to be extended via collaboration with publish places of work, Common Service Centres (CSCs) and Indian railways for assistance with logistics and warehouse, therefore producing employment.
E-commerce structures ought to further increase transparency and collaborate with the authorities to run customer consciousness drives around various products listed on the e-commerce structures in the remit of FDI legal guidelines.
