archiveNirmala Sitharaman

Corporate Affairs Ministry has assured Commerce Minister Nirmala Sitharaman of taking up the pending payment issue of cash-strapped e-commerce firm on priority basis, ET Tech reported. Representatives of All India Online Vendors Association (AIOVA) recently met Commerce Minister Nirmala Sitharaman on the issue of pending payment from askmebazaar.com. Since the issue raised by AIOVA pertained to Ministry of Corporate affairs, Sitharaman has sought intervention of Corporate Affairs Secretary to resolve the matter. “Corporate Affairs (Secretary) assured Sitharaman that he shall take up the issues raised by AIOVA on a priority basis,” the...

The government has proposed strict action against the errant E Commerce companies who are allegedly indulged in unethical trade practices. Taking a note of the complaints of consumers, the government has asked the States to initiate an action against the E Commerce companies that are selling inferior products. The Department of Industrial Policy & Promotion (DIPP) will work with the Consumer Affairs Ministry and States on complaints filed by consumers against E Commerce firms. Addressing media in the national capital, Commerce and Industry Minister Nirmala Sitharaman said that the department...

The Commerce Ministry has launched an e-marketplace for online purchase of goods and services by various central government ministries and departments. The move is aimed at bringing in more transparency and streamlining the government procurement of goods and services. The Directorate General of Supplies and Disposals (DGS&D) has developed the portal for the purpose. The department, which is under the Commerce Ministry, carries out the procurement. “To bring in transparency, the DGS&D has worked on it very hard. The Department of Electronics and IT has also played a very big...