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FDI In Ecommerce: MediaNama’s Submission To The Indian Government

Copied below is the text of our submission to the Indian government's Department of Industrial Policy & Promotion, which is looking into the issue of allowing FDI in e-commerce. Today (30th January 2014) is the last day of submission of comments, but you may request the DIPP to extend the last date of submission, or submit tomorrow in the hope that it gets accepted. Either way, if you have a point of view on FDI in e-commerce in India, this is your chance to try and make a difference. You're free to refer to our comments below as base material for formulating your viewpoint. You also do not need to answer each question raised by the DIPP, or in as much detail. Please submit your views today to ahmed.i@nic.in. Summary of MediaNama's submission: 1. Should FDI be allowed in B2C e-commerce? Ans: FDI should be allowed in e-commerce. Support needs to be provided for building an e-commerce market that will benefit consumers, create employment, encourage competition, and allow value creation and entrepreneurship to be support. 2. Should FDI be opened for all products or only for non-food products? Ans: FDI should be allowed in all products, including food products. 3. Whether there should be a limit on minimum capitalization? Ans: There should be no limit on minimum capitalization. 4. Should there be a limit on the percentage of sourcing from domestic manufacturers and what should be the limit? Ans: For domestic sourcing requirements: a distinction should be made between digital and physical goods. No domestic…

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Written By

Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

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