Further delay in e-commerce policy rollout may accentuate issues in digital mkt: Par panel

Any further delay in formulating and notifying a dedicated e-commerce policy may further accentuate the prevailing issues in India’s digital market, according to a Parliamentary panel report.

The report tabled on Friday urged the Centre to finalise the draft National E-Commerce Policy at the earliest.

The department-related Parliamentary Standing Committee on Commerce in its report on the ‘Promotion and Regulation of E-Commerce in India’ observed that the absence of a dedicated e-commerce policy has resulted in a ‘strategy vacuum’ for the sector and ‘ineffective regulation’.

Notably, the Committee said as the current regulatory framework is restricted to prevention and identification of sellers who have violated rules regarding Intellectual Property Rights,