Two aspects“We are working on a policy framework for expanding the e-commerce economy. There will be two aspects to it — one will focus on expansion within India, and the other on global expansion. The e-commerce economy should cross borders and capitalise on foreign markets,” the official said. The e-commerce economy is currently pegged at $30 billion, and the government expects it to grow at $150 billion by 2024-25. Top contributorsWhile electronics, telecom and IT/ITeS sector will be the top three contributors with 8.9 million, 8.8 million and 6.5 million jobs, respectively, e-commerce is expected to create jobs for 6 million people.

Source: The Hindu October 26, 2017 05:15 UTC