Do India’s New E-Commerce Policy Will Change The Shopping Experience? Read Here! - Viral Bake

Do India’s New E-Commerce Policy Will Change The Shopping Experience? Read Here!

Just after a couple of months since the effect of India’s new foreign direct investment (FDI) policy, massive changes are noticed in the way online retailers like Amazon and Flipkart operate. Not only this, these giant online retailers have pulled out hundreds of thousands of products from their stores. However, India drafts an e-commerce policy to treat sellers equally and ensure transparency.

India is a country that has been thinking about the new e-commerce policy in the midst of several complaints from brick-and-mortar companies and retailers who assert online giants like Walmart, Flipkart, and Amazon Flipkart flout federal regulations.

Source: BW Business World

More About New E-Commerce Policy

The newest draft of the e-commerce policy states that operators should be unbiased and balanced while dealing with sellers. Moreover, the draft also says “E-commerce operators are required to make sure that equal treatment for each vendor and seller is offered on their platforms and they do not accept algorithms that result in prioritizing hand-picked sellers/ vendors.”

Also Read: Calls For Boycotting ‘Paytm’ Gets Fuel On Social Media, Here Is Why

However, the Commerce Ministry spokesman declined the comment.

Policy Applies to Domestic & International E-Commerce Players

This e-commerce applies to Flipkart and Amazon – the two giant e-commerce companies in India. Along with these, the policy is also applicable for other domestic players like Reliance Industries, which is looking to expand its JioMart online platform. But any of these firms have not responded to this yet.

Source: Odisha TV

On the other hand, India is also thinking about the changes to foreign investment rules where online e-commerce companies like Flipkart and Amazon might require restructuring their ties with few major sellers.

Also Read: Flipkart Rolls Out ‘Flipkart Videos’ And Instagram-Like ‘Ideas’ Feed

In response to this, Amazon said that the company have helped various sellers by giving discounted fees and helping them by providing special deals with big tech manufacturers as per the internal Amazon documents dated between 2012 and 2019. Moreover, they added to their statement that they do not give any sort of preferential treatment to any of their sellers and they treat all sellers equally as per non-discriminatory manner.

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Singh Vivek

With over 5 years of writing obituaries for a different organisation, I have a uniquely wry voice that shines through in my newest collection of articles.

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