The government will be supervising over the responsibility of domestic e-commerce players.
Help to equalize and maintain balance with a company such as Amazon and Flipkart.
Under the foreign exchange management Act, the government will specify Audit as well as certify that the agreement of rules is audited.
The government will be supervising over the responsibility of domestic E-commerce players only after the new policy is out. This will help to equalize and maintain balance with a company such as Amazon and Flipkart.
However the domestic workers have nothing to do with regulations as compulsory outsourcing from a large pool of buyers, the government felt helpless for their inability to put in place regulations immediately.
The department for industry and internal trade announced an e-commerce draft for peoples judgment that is the base of regulations for everyone including both foreign and domestic sources.
Flipkart and Amazon are protesting against the regulations of the government. These two entities were a checklist based on trade models instead of working at the market place.
Under the Foreign Exchange Management Act, the government will specify audit as well as certify that the agreement of rules is audited.
