The Department for Promotion of Industry and Internal Trade (DPIIT) has started analyzing comments and suggestions received from stakeholders on the draft national e-commerce policy.
Sources said the DPIIT does not intend to extend the deadline that ended on Friday for sending comments on the draft policy. Earlier, on the request of stakeholders, the department had extended the deadline from March 9 to March 29.
The process of formulation of the final policy may wait till the new government assumes charge as it requires the approval of the Union cabinet.
Earlier this month, the department had held consultations with stakeholders on the policy, wherein participants had raised the demand for a separate policy on data-related issues.
The draft policy has laid out conditions for businesses regarding collection or processing of sensitive data locally and storing it abroad. Besides, it has suggested fixing a three-year period for the industry to adjust to the data storage requirement of the country with a view to developing infrastructure for promoting the digital economy.
These proposal has not gone well with certain foreign technology firms as they do not want to store data in India.
The 41-page draft talks about six broad issues of the e-commerce ecosystem — data, infrastructure development, e-commerce marketplaces, regulatory issues, stimulating domestic digital economy and export promotion through e-commerce.―The Hindu Business Line