In what could turn out to be a major embarrassment for the government, the Department of Industrial Policy and Promotion (DIPP), in a reply to a Right to Information (RTI) query said that it had no information about the names and the number of companies operating e-commerce websites in India, reports the Economic Times. To put things in perspective, DIPP is the agency that formulates the Foreign Direct Investment (FDI) policy of India. The department is also entrusted to promote, approve and facilitate FDI. The RTI, which was filed by Dharmendra Kumar of India FDI Watch, asked for a list of entities covered by e-commerce guidelines; if parties related to such entities are carrying out restricted businesses in India and whether these parties comply with the foreign direct investment rules as notified in February 2017, ET said. Kumar also went…
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