The Department of Industrial Policy & Promotion (DIPP) is working on guidelines to ease issues resulting in tug of war between e-tailers and brick and mortar retailers, clarifying that e-commerce retailers are hardly on government radar.
Addressing a session on “Ease of Doing Business and the Government Policy” organised by PHDCCI in New Delhi on May 28th, DIPP joint secretary Atul Chaturvedi said that the government was aware of the confrontations between the two retail channels and would shortly address this through evolving guidelines though the FDI policy on this front was clear and lucid. He, however, added categorically stating that the government is unlikely to regulate the e-commerce entities since clear cut policy on this front is in place but evolve guidelines to strike a balance between the two. Chaturvedi also disclosed that the DIPP would finish the exercise of its rating on ease of doing business in all states of the country by August 2015 and accordingly accord the rating status which would facilitate higher volumes of FDIs in states that has created conditions conducive to receiving investments.
Among others who were present on the occasion were Anil Rajput, chairman retail, e-commerce & FMCG committee, PHD Chamber, and Saurabh Sanyal, secretary-general, PHDCCI.