Tuesday, October 21, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Investment

E-commerce amended rules not in the best interest of consumers

Fiinews by Fiinews
August 19, 2021
in Investment, Technology
Reading Time: 3 mins read
A A
0
NICI
0
SHARES
13
VIEWS
LinkedinShare on Twitter

NICI is concerned with some of the clauses in the proposed amendments

The recently proposed amendments to the e-commerce rules, 2020, can have an adverse impact on the interests of Indian consumers if implemented without revision, according to an assessment conducted by the New Indian Consumer Initiative (NICI), a community-owned platform that fosters interaction on the many challenges and opportunities of consumers in the New Economy.

“NICI is concerned with some of the clauses in the proposed amendments and would, therefore, request the Department of Consumer Affairs to review the effectiveness of such clauses in achieving the intended objectives of improving consumer trust in the online ecosystem,” said Abhishek Kumar, Convenor of NICI.

“Consumer interest is not only defined at the consumer end alone, it needs to include all elements that ensure that consumers get choice, quality and affordable price. Draft amendments do not fulfil an adequate consumer welfare criterion and cannot be called as consumer-friendly,” Kumar said in a release on 17 Aug 2021.

As per NICI’s assessment, the proposed amendments will result in increased compliance costs on small businesses which, in turn, will either result in the burden being passed on to consumers in the form of higher prices or the inability of such businesses to engage in e-commerce activities, thus restricting consumer choice. Moreover, constraints on curating searches will take away the convenience currently enjoyed by consumers, forcing them to spend hours on finding relevant products.

Additionally, since platforms will not be able to list products based on the ratings of sellers, consumers will be apprehensive about the quality of products they are purchasing.

One of the most significant limitations being proposed is on the consumers’ ability to purchase products at discounted prices. Such an amendment directly targets ‘flash sales’ that several e-commerce platforms are able to offer their customers. The ability of consumers to pay a premium for faster delivery of products will also be taken away if the proposed amendments are adopted.

To gauge perceptions of consumers on the ground in response to the proposed amendments, NICI conducted an online survey for which it received responses from about 3,500 respondents, representing almost all states in India, making it a pan-India survey.

The survey results of 3,476 respondents reflect a consumer sentiment aligned with NICI’s assessment:

• 85% respondents do not want flash sales to be banned.
• 90% respondents prefer shopping online during lockdowns due to the pandemic.
• 85% respondents did not want express deliveries for their orders (Note: Normally a small percentage of consumers prefer express deliveries. In that regard, the new rules are prohibitive.)
• 70% respondents want local sellers to sell online.

Simultaneously, NICI has also received many e-mails from consumers expressing concerns over the proposed amendments. The outcome of NICI’s assessment and outreach clearly indicates a larger consumer sentiment in the country that wants the proposed amendments to be reconsidered, otherwise, they may have an adverse impact on consumer welfare.

The New Indian Consumer Initiative is a community-owned platform to foster interaction on the many challenges and opportunities of consumers in the New Economy. It is also a platform for community-led capacity building, for consumers to understand and lead the public interest. #technology #ecommerce #investment /fiinews.com

Tags: New Indian Consumer Initiative
ShareTweetShare

Related Posts

Krigat
Technology

Tech: British-Indian innovation for health

by Fiinews
October 21, 2025
0
11

KRIGAT technology is for everyone, says Chhabra In an era where intelligent systems, KRIGAT steps in as a game-changing innovation...

CA Ajit Bhansali.
Technology

Tech: WebLedger for challenges faced by MSMEs

by Fiinews
October 21, 2025
0
12

Surat platform designed as a Finance Co-Pilot, says Bhansali WebLedger, an AI-powered cloud platform from Surat, is redefining how businesses,...

Perplexity

Tech: India’s AI revolution hit new milestone.

October 21, 2025
13
Capemini

Invest: Capgemini acquires WNS for $3.3bn

October 17, 2025
13
Zscaler

Tech: HCL-Zscaler expand partnership

October 17, 2025
13
Skylark Drones

Tech: Skylark-Sensonic to work on rail safety

October 17, 2025
13
SBI YONO
Sabit

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Technology: Impact of FinTech conferences on students and future opportunities in industry

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Tech: British-Indian innovation for health
  • Manufacturing: Mehai completes Rights Issue
  • Tech: WebLedger for challenges faced by MSMEs
  • Tech: India’s AI revolution hit new milestone.
  • Market: Hindustan Zinc lowers production cost

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.