Govt: E-commerce policy in ‘final stages’ of drafting; retail trade policy to benefit 65m small traders

India’s e-commerce policy, which has been in the works for over two years, is likely to be out soon as the government is in the “final stages” of drafting it along with a host of other policies. Addressing a FICCI event on Wednesday, Minister of State for Commerce and Industry Ministry Som Parkash said that “we are in the final stage of drafting a National Logistics Policy, New Industrial Policy, e-commerce Policy and National Retail Trade policy.” The minister added that the new National Retail Trade Policy “is being formulated to support the development of the sector that will benefit 65 million small traders. These endeavours along with the support of the industry would help in contributing a significant chunk to India’s GDP.”