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Home News India

e-Commerce not a means for multi-brand retail : Piyush Goyal

by Janam Web Desk
Oct 18, 2019, 04:16 pm IST
in India

Mumbai: Union Minister of Railways and Commerce and Industry, Piyush Goyal on Thursday said that the Central government has made clear guidelines for e-commerce and strict actions will be taken against anyone who makes it a means for multi-brand retail.

“The Central government has formed clear guidelines for e-commerce. It has made clear that if anyone makes e-commerce a means for multi-brand retail, strict action will be taken against them,” he said addressing a press conference on the same.

“E-commerce companies have no right to discount products or sell them on predatory prices and damage the retail market. They also don’t have permission to make products and sell it themselves,” he said.

The Union Minister said that if the law has been violated, either in a letter or in spirit, strict actions will be taken.

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