New Delhi: The online shopping business in the country is going to change. After the new rules are implemented on the e-commerce companies, things like Exclusive Deal, Cashback and Bumper Discount will be over. The government ha…
New Delhi: The online shopping business in the country is going to change. After the new rules are implemented on the e-commerce companies, things like Exclusive Deal, Cashback and Bumper Discount will be over. The government has changed the policy of foreign direct investment for the e-commerce sector, where companies such as Amazon and Flipkart have suffered a major setback, there has been an attempt to calm the anger of the domestic businessmen, which are the ways in which these companies work Are upset with us.
Rein on the unit connected to the platform
A new rule has been added to the policy, according to which no unit connected to the e-commerce platform can sell the goods.
Luggage sales limit
With this, the limit of how much a vendor can sell on an e-commerce site has been set.
Cashback-Excluding Exclusive Sale
This will make the e-commerce sector companies change their business model.
'Companies can not influence prices'
On the change in policy, a senior government official said, "This step has been taken to implement the things that were said in the press note 3 of 2016." It was said that e-commerce platforms can not effect prices directly or indirectly.
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