GJ Town India

GJEPC expecting a comprehensive e-commerce policy   GJEPC represents to DPIIT, MOC & I for a revamped  E-Commerce Policy to equip small players in the G&J sector   85% MSMEs spread across 390 Gem &  Jewellery clusters to benefit from the Policy   Gem & Jewellery Export Promotion Council (GJEPC), in the past few years, has been actively pursuing projects and policies that could lead to a manifold increase in India’s outbound gem and jewellery trade.   Aligning with the Prime Minister Shri Narendra Modi’s vision of making the smallest of towns and villages active participants in the country’s export efforts, the Council undertook a Herculean data-driven approach to identify areas that are actively engaged in the manufacture of gems and jewellery (GJ).  Taking the cue from PM’s vision, in 2019, the GJEPC commissioned the National Council of Applied Economic Research (NCAER) to evaluate these key industry characteristics, its compet...

  Alleged contraventions in e-commerce under scanner!   Representations alleging violations of extant laws by e-commerce companies have been received. In this regard, representations received are being examined by Department for Promotion of Industry and Internal Trade (DPIIT) and certain alleged contraventions under the FDI Policy, are also being investigated against certain e-commerce retail companies under provisions of Foreign Exchange Management Act, 1999 by the Directorate of Enforcement.   Further, several complaints against e-commerce entities, including related associate/holding companies etc, which are operating as marketplace platforms, online sellers/service providers, search engines service providers operating in different verticals etc, regarding anti-competitive behavior, are being looked into by Competition Commission of India.  In order to provide clarity to the extant FDI Policy on e-commerce, DPIIT had issued Press Note 2 of 2018 on 26.12.2018....