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ARTICLE · 24 JULY 2021

E-Commerce Deserves A Better Deal

The stated goal of the present dispensation is digitisation, no matter which vertical, e-commerce, e-payment, e-bookings, e-health, e-education, e-land records, one can name many disciplines.

IndiaGovernment, Public Sector

The stated goal of the present dispensation is digitisation, no matter which vertical, e-commerce, e-payment, e-bookings, e-health, e-education, e-land records, one can name many disciplines. E-commerce, e-retailing is one extremely important component.

During the pandemic, the benefits of e-commerce in procuring groceries, medicines, and other essentials, cannot be overstated. E-commerce has also been the key to the survival of MSMEs during the pandemic. The proposed rules will impose an onerous burden, stifle this nascent sector, hit MSMEs hard and impact consumers.

There have been many indirect benefits all across the sector in terms of foreign direct investments, employment generation by creating infrastructure, delivery systems etc. all across the country. E-commerce has a market share of around 10 per cent of the entire retail ecosystem. But overregulation is another way to control or stifle competition, innovation, investments, and job creation. Frequent

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