Calling e-commerce the most ‘un-figured out’ sector, Kiran Mazumdar-Shaw says that the state government should come out with a far-reaching and progressive policy. Photo: Hemant Mishra/MintBengaluru: If the suggestions given by the Vision group on industries is taken up seriously, then Karnataka could become the first state in the country to come up with an e-commerce policy. In Karnataka, Amazon’s two-year-old tax issues remains, while Ola and Uber Technologies Inc. have dragged the state government to court over state taxi aggregator rules. “The government is very keen on that (e-commerce policy) and I suggested that Sachin Bansal should spearhead that policy,” she said. To encourage specific sectors to attract investment and provide a road map, Karnataka has formulated Industrial policy 2014-19, Karnataka Aerospace Policy 2013-23, Karnataka Biotechnology Policy 2010 and Karnataka Animation, Visual Effects, Gaming & Comics (AVGC) policy 2012 among others.

Source: Mint August 22, 2016 10:41 UTC