The union government is likely to finalise a national policy for e-commerce business before the end of the year. This was indicated at the end of the first meeting of the think-tank on the framework for a National Policy on e-commerce chaired by commerce and industry minister Suresh Prabhu. A taskforce has been constituted to draft the broader contours of such a policy.
“Issues related to e-commerce including taxation, infrastructure, investments, technology transfer, date protection, regulations and competition were discussed… The objective is to come out with a framework for an e-commerce policy,” commerce secretary Rita Teaotia said after the meeting. “The taskforce will come out with a set of recommendations, which would be brought before the thinktank in five months,” Teaotia added.