Delhi High Court Asks Government to Consider Retailers' Plea for E-Commerce Parity

Delhi High Court Asks Government to Consider Retailers' Plea for E-Commerce Parity
Advertisement
Delhi High Court on Wednesday asked the government to consider a retailers association's plea seeking a level-playing field with e-commerce sites like Flipkart in the FDI policy and take a decision within four months.

Justice Rajiv Shakdher told the government, represented by advocate Jasmeet Singh, to consider the plea of Retailers' Association of India (RAI) as a representation.

RAI has claimed that while FDI was banned for e-commerce in the inventory model, an alternate route of "marketplace model" has been created which has nullified the government's ban.

As per marketplace model, an e-commerce website acts as a platform alone and the transaction happens between the actual seller and the consumers or the buyers.

RAI - a lobby group for Future Group, Reliance Industries Ltd's retail unit and other such retailers, also alleged that using this model, the e-commerce sites have circumvented the FDI policy.

It has also challenged the various conditions imposed by the government prior to giving approval to FDI in multi-brand retail.

Government standing counsel Jasmeet Singh told the court that if other retailers were accorded a hearing, then RAI would also be given an opportunity to state its case.

The government also said that the retailers had turned down its invitation to discuss FDI in e-commerce.

Comments

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Further reading: E Commerce, Flipkart, Internet
Five Reasons Why I Still Won't Buy a Tablet
India to Launch Communications Satellite for Strategic Applications Soon
Facebook Gadgets360 Twitter Share Tweet Snapchat LinkedIn Reddit Comment google-newsGoogle News

Advertisement

Follow Us
© Copyright Red Pixels Ventures Limited 2024. All rights reserved.
Trending Products »
Latest Tech News »