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National e-commerce policy after a year, no change in FDI guidelines

The government decision to stay firm on the e-commerce FDI rules coincides with US Secretary of State Mike Pompeo's visit to India before he heads for the G20 meet in Japan

Topics
Online Shopping  |  Foreign Direct Investment  |  Fdi

Subhayan Chakraborty & Karan Choudhury  |  New Delhi/Bengaluru 



Piyush Goyal, commerce and industry minister
Piyush Goyal, commerce and industry minister

The wait for an will get much longer now with the government setting a 12-month deadline for it. After an draft in February had drawn industry flak, the government was in the process of reviewing it. While a comprehensive policy is expected around the middle of 2020, the government has made clear that there would be no changes in the (FDI) rules in the sector.

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First Published: Tue, June 25 2019. 21:59 IST

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