 "Piyush Goyal")
The Department for Promotion of Industry and Internal Trade (DPIIT) will soon issue ‘clarification’ on foreign direct investment (FDI) in e-commerce, amid complaints from some segments of the industry that some e-commerce behemoths have been flouting the policy rolled out by the government.
“The FDI policy has been crystal clear ever since it first came up, but certain instances have come to our notice that the policy is not being followed in letter and spirit. We will be clarifying that very shortly,” commerce and industry minister said in a virtual briefing. The minister added that the FDI policy, however, will
