India mulls single regulator for e-commerce sector -document

SB Technology

30/07/2018 07:06

MUMBAI, July 30 (Reuters) - India is mulling a single
legislation to address all aspects of e-commerce regulation, and
it is also exploring the idea of setting up a single regulator
to consider all sector-related issues, according to a draft
policy document seen by Reuters.
    The federal government has indicated it aims to remove the
legal fragmentation governing the e-commerce sector, according
to the Draft National Policy Framework on e-commerce.
    Some of the measures suggested in the draft include local
data storage, mandating the use of state-run RuPay payments in
online transactions and enhancing the participation of micro,
small and medium enterprises in online retail.

 (Reporting by Sankalp Phartiyal
Editing by Euan Rocha)
 ((euan.rocha@tr.com; +91 22 6180 7257; Reuters Messaging:
euan.rocha.reuters.com@reuters.net))