NIFTY 50

The draft e-commerce policy will strangle industry’s growth

Updated : August 02, 2018 01:25 PM IST

In the year 2018, the Draft Policy is suggesting a plan similar to what was implemented, and failed, for the “physical” economy from 1950s right until 1990.
The Draft Policy suggestion to tinker with established corporate law principles to allow “founders to have control over their e-commerce companies, despite having small shareholding” shows a remarkable nonchalance for established corporate law principles.
The Draft Policy runs the risk of discouraging foreign investors, which will only result in India being knocked down in the international business ratings.
The draft e-commerce policy will strangle industry’s growth
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV