India's e-commerce market to touch $33 billion this fiscal, says govt

28,770 complaints were registered against e-commerce companies

PTI July 28, 2017 17:07:25 IST
India's e-commerce market to touch $33 billion this fiscal, says govt

New Delhi: The e-commerce segment in India is growing and is likely to touch US $33 billion this fiscal, the Parliament was informed on Friday.

In the 2016-17 fiscal, the online market had grown by 19 percent, Minister of State for Consumer Affairs C R Chaudhary said in a written reply to the Rajya Sabha.

Indias ecommerce market to touch 33 billion this fiscal says govt

Thinkstock

"India's e-commerce market is estimated to be US $33 billion in the financial year 2017," he said, quoting industry body NASSCOM's latest estimates.

On consumer complaints, the minister said that as many as 28,770 complaints were registered against the segment on the National Consumer Helpline (NCH) last fiscal.

Around 11,596 complaints were related to non-refund of payment while the rest were about defective products delivery, deficient services and poor quality/fake products, he added.

"The complaints are forwarded to the companies concerned for resolution," he said.

If consumer complaints are not resolved and if there is no response from the company, then consumers are advised to approach appropriate consumer forum, he added.

At present, there is a three-tier quasi-judicial mechanism in place for redressal of consumer grievances at district, state and national level.

To protect consumer interest, he said, the government has made several provisions to strengthen the consumer grievance redressal mechanism in a bill which was introduced in the Lok Sabha in August 2015.

Updated Date:

also read

Karnataka chief Basavaraj Bommai to decide on attending World Economic Forum's annual meet
India

Karnataka chief Basavaraj Bommai to decide on attending World Economic Forum's annual meet

Bommai said he will have to decide on the days and schedule considering the upcoming Rajya Sabha and Legislative Council polls, also the possibility of local body polls being announced

Rana couple pray at Hanuman temple in Delhi for Uddhav Thackeray's ouster
Politics

Rana couple pray at Hanuman temple in Delhi for Uddhav Thackeray's ouster

The couple was arrested last month on sedition charges after a call for reciting the Hanuman Chalisa outside Maharashtra Chief Minister Uddhav Thackeray's residence in Mumbai and released on bail 12 days later

The Big 5: Kapil Sibal and other prominent leaders who quit the Congress this year
Politics

The Big 5: Kapil Sibal and other prominent leaders who quit the Congress this year

Veteran leader and former Union Minister Kapil Sibal, in a surprise announcement, said that he had resigned from the Congress, as he filed his nomination for Rajya Sabha. He’s the fifth big name to leave the party after Sunil Jakhar, Hardik Patel, Ashwani Kumar, and RPN Singh