Suresh Prabhu to Chair First Meeting of Think Tank on Framework for National Policy on E-Commerce
New Delhi: Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu, will chair the first meeting of the think tank on the Framework for National Policy on E-commerce to be held on April 24th, 2018. Senior officers of the ministries/ departments of the Government of India involved in different aspects of e-commerce; high level representatives from the industry bodies, e-commerce companies, telecommunication companies and IT companies; Reserve Bank of India; and independent experts have been invited to participate in the meeting.
The think tank on the Framework for National Policy on E-commerce has been established recently by the Department of Commerce. It will provide a credible forum for an inclusive and fact-based dialogue leading to recommendations for informed policy making, so that the country is adequately prepared to take advantage of the opportunities, and meet the challenges, that would arise from the next wave of advancements in digital economy.
The think tank on the Framework for National Policy on E-commerce will seek to collectively deliberate on the challenges confronting India in the arena of digital economy with a view to developing recommendations for a comprehensive and overarching national policy on e-commerce. Some of the issues that will be discussed by the think tank include the following aspects of e-commerce and digital economy: physical and digital infrastructure, regulatory regime, taxation policy, data flows, server localisation, intellectual property rights protection, FDI, technology flows, responding to disruptions in industrial organisation, need for skill development and trade-related aspects. Developments on e-commerce at the WTO and evolving appropriate national position on the underlying issues, would be another important dimension of the discussions of the think tank on the Framework for National Policy on E-commerce.
The think tank will explore options for providing a fillip to entrepreneurship in digital economy. It will identify specific policy interventions for nurturing domestic firms and create jobs in e-commerce.
MSMEs will play a key role in employment generation
New Delhi: The First International SME Convention – 2018 is being convened inNew Delhi. Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhuwas the Chief Guest at theinaugural function held today. Speaking on this occasion, the Minister congratulated Minister Shri Giriraj Singh for taking leadership in holding this International SME Convention for the first time, in which more than 30 countries are participating. He said that the world is debating strategies to revive global growth, but there are challenges like the rising gap between rich and poor within a country and also between rich and poor countries along with issues likeclimate change and jobless growth. He emphasised that Micro,Small and Medium Enterprises (MSME) will play key rolesin solving these problems.
MSMEs will reduce gap between rich and poor as they are agents of inclusive growth. Micro, Small and Medium Enterprises will help in reducing Green House Gas emissions as they are generally closer to markets leading to reduced carbon footprints. MSMEs will play a key role in employment generation thus countering jobless growth.