CAIT had filed a complaint with DIPP alleging that major e-tailers are blatantly violating FDI norms. New Delhi: Government has asked online retailers to strictly comply with the e-commerce guidelines following complaints by offline players on the advertisements being given by them in newspapers announcing sale. This was instructed to the online retailers during a recent meeting held in the commerce and industry ministry. The meeting was attended by secretary in the DIPP Ramesh Abhishek, the consumer affairs secretary and some big online retailers. As per the guidelines issued by the DIPP, FDI has not been permitted in inventory-based model of e-commerce.

Source: Mint August 21, 2016 08:15 UTC