Chennai: The Department for Promotion of Industry and Internal Trade (DPIIT) is yet to come to terms with the industry expectations on the draft e-commerce policy, reports state.
According to reports, the department is expected to extend till 31 March the deadline for seeking comments from stakeholders on the policy.
Reports state that the DPITT, which is an arm of the Commerce and Industry Ministry, will give a month’s time for comments and has planned to extend the deadline till 31 March.
Some stakeholders from the online trading sector have already sought time beyond the original 9 March deadline to provide their comments, the reports added.
It must be noted that the department has already stated a round of stakeholder consultations on the draft policy from today.
The government has released the draft proposing setting up a legal and technological framework for restrictions on cross-border data flow and also laid out conditions for businesses regarding collection or processing of sensitive data locally and storing it abroad.
The draft was formulated for consideration and discussion a policy framework that will enable the country to benefit from rapid digitisation of the domestic as well as global economy.
The 41-page draft addresses six broad issues of the e-commerce ecosystem namely – data, infrastructure development, e-commerce marketplaces, regulatory issues, stimulating domestic digital economy and export promotion through e-commerce.