DPIIT: Presently FDI in space sector is allowed up to 100 per cent in the area of satellites establishment and operations through government route only.
Updated Feb 09, 2021 | 20:33 IST
CAIT has time and again alleged that the e-commerce players violated the Foreign Exchange Management Act and FDI rules. Govt considering certain clarifications on FDI in e-commerce sector: Piyush Goyal | Photo Credit: ANI
New Delhi: Amid domestic traders complaining alleged violations of FDI norms by foreign online players, Commerce and Industry Minister Piyush Goyal on Tuesday said the government is considering to come out with certain clarifications to ensure that the e-commerce sector works in the true spirit of the law and rules.
He said the current FDI policy for the e-commerce sector is robust and well-designed. However, there are certain complaints from consumers and small retailers about certain practices of the e-commerce companies, which are under investigation, he added.