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SME retailers liberalization

Update On :23 January 2016

SME retailers liberalization

The Small and medium retailers requested a liberal online retailing sector.

They said in a letter to Nirmala Sitharaman, the minister of Industry and Commerce, "The creation of any definition of Ecommerce should take into consideration that this is a technology platform, which acts as a bridge between sellers and their consumers. The platform does not conduct trading itself."

"Ecommerce has the potential to power our economy through growth of enterprise, infrastructure and employment and it must be helped, enabled and liberalised to achieve its potential," Ecommerce Coalition Secretary Aamir Jariwala told PTI while sharing details of the submission.

The coalition raised issue of additional tax being levied on ecommerce deliveries in some states and demanded quick implementation of GST across the country.

It added that e-commerce sector is already restricted with business-to-consumer ecommerce still out of bounds for foreign capital and the government should review the possibility of liberalizing the industry.

News Source From : http://www.dnaindia.com/money/report-sme-retailers-demand-liberal-policy-for-e-commerce-sector-2168941

Image Courtesy : http://d152j5tfobgaot.cloudfront.net/wp-content/uploads/2015/11/yourstory-e-Commerce-on-Indian-SMEs-Feature.jpg

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