The Department of Industrial Policy and Promotion has announced that despite receiving requests to extend the 1 February 2019 deadline for Press Note 2 of 2018 (FDI Policy in e-Commerce), it will not extend the deadline. We have reached out to Amazon, Flipkart and Snapdeal and will update this when we hear from them. (Are you an ecommerce company with a comment about this policy? Reach out to me at firstname.lastname@example.org.) (Update: Snapdeal has issues the following statement: "Snapdeal welcomes the government's decision to enforce Press Note 2 / 2018 guidelines from 1st Feb 2019. Adherence to rule of law will allow India to create a genuine and robust e-commerce sector, which will ensure lasting gains for both buyers and sellers." - Snapdeal Spokesperson) Earlier this week, domestic e-commerce firms Snapdeal, Shopclues, Shop101, Limeroad, Wooplr, and Fynd had written to the…
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