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Goyal Warns E-Commerce Disrupts Retail Jobs
The Daily Guardian
|August 22, 2024
While Minister Goyal acknowledged the permanence of e-commerce, he stressed the need for its growth to be "orderly" and "citizen-centric." He expressed concern over the potential harm of predatory pricing, remarking, "I don't see it as a matter of pride that half our market could be driven by e-commerce 10 years from now. It's a matter of concern."
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On Wednesday, August 21, 2024, Commerce and Industry Minister Piyush Goyal raised concerns about the business and pricing strategies of major e-commerce players like Amazon in India. He questioned a recent report that downplayed the risks posed by e-commerce growth to employment opportunities, emphasizing that such expansion could cause significant social disruptions.
While Minister Goyal acknowledged the permanence of e-commerce, he stressed the need for its growth to be "orderly" and "citizen-centric." He expressed concern over the potential harm of predatory pricing, remarking, "I don't see it as a matter of pride that half our market could be driven by e-commerce 10 years from now. It's a matter of concern."
Cette histoire est tirée de l'édition August 22, 2024 de The Daily Guardian.
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