Modi government soon to deploy a new policy for e-commerce platforms to display whether a product being sold is made in India or not
Raising border tensions between India and China have impacted Indian citizen a lot and has lead to multiple campaigns like #BoycottChineseProducts, #MakeinIndia, and #AtmanirbharBharat. The Indian government says that they will soon deploy a new policy for e-commerce companies to display whether a product being sold on their platform is made in India or not.
We will mandate e-commerce players to display whether a product is made in India or not. We are actively looking to enable that. This will help cut out Chinese goods. It will be like a checkmark, wherein consumers can decide to buy goods made in India.
a official said
If you look at the last year, China had a trade surplus of about $47billion with India in the first 11 months of the fiscal year ended on March 31, 2020.
The Draft National Ecommerce Policy, which was proposed by the Department for Promotion of Industry and Internal Trade asks for E-Commerce companies to make seller details available on their platforms for all the goods and products that were being sold. This policy asks that the full name of the legal entity along with its address and contact details should be provided.
There is also a possibility that the policy might also ask for a regulator that will keep misinformants in check and penalize them. It will be directed to the promotion of e-commerce, jobs, rural productivity, and exports.
The telecom ministry has directed BSNL MTNL and other private companies to stop using Chinese equipment. This was followed by the Indian railways terminating there contract with Chinese companies too. The tensions between India and China at the LAC have led to a feeling of enraging in the entire country and people have started boycotting Chinese goods and products already.
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