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No logic in allowing FDI for Flipkart and Snapdeal and excluding Wal-Mart

Mar 03, 2015    

By Shanti Priya ArnalA few weeks ago, the Department of Industrial Policy and Promotion (DIPP) apparently came out in support of marketplace e-commerce firms Flipkart and Snapdeal when it said they should be regulated like brick-and-mortar retail firms. This was in response to the Commerce Ministrys earlier call to bring e-commerce under the purview of nine government agencies including DIPP. DIPP has argued that too much regulation would curtail innovation and the spirit of entrepreneurship and kill e-commerce in India.Even as one agrees with DIPP that marketplaces should be treated like bric...

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