RSS affiliate backs Goyal’s remark on impact of e-commerce growth

Tribune News Service

Chandigarh, August 22

RSS affiliate Swadeshi Jagran Manch and the Confederation of All India Traders Association (CAIT) have voiced their support for Commerce Minister Piyush Goyal’s remarks on the rapid growth of e-commerce in India and against predatory pricing. They also said the rolling out of e-commerce policy has become the need of the hour.

Commerce and Industry Minister Goyal, at an event in New Delhi on Wednesday, questioned the business model of e-commerce companies that has been impacting small retailers in the country because of their predatory pricing.

Meanwhile, Goyal clarified today that India is not against e-commerce but wants it to give fair competition and legal compliance. He stressed the importance of supporting small retailers and ensuring they have an equal chance to compete. “We are not against e-commerce, what we want is fair play,” the minister posted X post.

He had questioned Amazon’s announcement of USD 1 billion investment in India, saying the US retailer was not doing any great service to the Indian economy but filling up for the losses it had suffered in the country.