The second meeting of the think tank chaired by the Minister of Commerce and Industry has discussed the draft for E-Commerce Policy in India, including various suggestions from the various ministries and stakeholders from IT and e-commerce firms.

Highlights:

• Differential voting rights giving Indian founders more control.
• E-commerce companies barred from influencing prices.
• Sunset clause defining maximum duration of deep discounts.
• India-owned and managed portals can sell retail using inventory model.
• Separate ED wing to look into alleged violations.
• CCI to examine anti-competitive effects of M&A.
• India generated data subject to controls and restrictions.

The final draft for the E-commerce Policy is under active consideration and would be placed for public comments.