No proposal to change FDI rules for e-commerce sector: Som Parkash

There is no proposal to bring in changes in FDI (foreign direct investment) norms for the e-commerce sector, Parliament was informed on Wednesday.

In a written reply to the Lok Sabha, Minister of state for commerce and industry Som Parkash also said there is no proposal at present to establish an e-commerce regulator.

“There is no proposal to bring in changes to FDI investment rules for e-commerce sector in India, at present,” he said.