No proposal to change FDI rules for e-commerce: Parkash
New Delhi, There is no proposal to bring in changes in FDI (foreign direct investment) norms for the e-commerce sector, Parliament was informed on Wednesday. In a written reply to the Lok Sabha, Minister of State for Commerce and Industry Som Parkash also said there is no proposal at present to establish an e-commerce regulator.
"There is no proposal to bring in changes to FDI investment rules for e-commerce sector in India, at present," he said.
Read more...