India Calls Rapid Growth of E-commerce 'Concerning' | Vantage with Palki Sharma

India Calls Rapid Growth of E-commerce "Concerning" | Vantage with Palki Sharma

India's commerce minister has said that the rapid growth of e-commerce platforms in the country is "concerning, and not a matter of pride". The minister questioned Amazon's business strategy in India and suggested that the US e-commerce giant was engaged in predatory pricing. Why is the Indian government putting the brakes on e-commerce? Palki Sharma tells you.

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Amazon | India | ONDC | E Commerce | Shopping | Firstpost | World News | News Live | Vantage | Palki Sharma | News

#india #ondc #ecommerce #shopping #firstpost #vantageonfirstpost #palkisharma #worldnews

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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[Humanbeing]

He should shut gambling apps. It’s breaking many families.

[rohitaryavart]

Yeah Stepping out and Spending hours together in Traffic, Pathetic pot hole filled roads, Dust, Pollution does he even realize what common man has to endure on daily basis, Ur Government should first get your actions together And build a better and Sustainable Infrastructure and Eliminate Corruption. Gyan dene aagaya..

[saipulivarthi]

Let Amazon do their pricing.. or else stop looting middle class in the name of taxes!
If I am going to save 50rs by shopping on Amazon, I am going to do it.. instead of using merely available public transport or using my own vehicle which I already paid 30% tax and spend on Fuel which is also taxed at almost 50%..

No local vendors are supported in the process the minister is saying, its just that they are loosing on tax money. I regret voting for BJP this term.

[alans.h.]

I dont think the gov needs to disrupt the comfort of the middle class any further.

[chiggywiggy]

Just fear mongering, so many sellers are selling on Amazon including me. Old markets close, new markets emerges...that's just basic economics 🤦‍♂️

[SLLR]

I am a working lady who single handedly handles home and office. I know how much e-commerce helps me to make my daily life easy.
I spent 10 - 12 hrs infront of system but i could order my mother's medicines which they deliver at doorstep, i could order milk, veggies, groceries which got delivered within 15 mins so i can plan my breakfast and lunch before logging into system for work for which i would have to spend 3 - 4 hrs in traffic, i could order other essentials by quickly comparing many sites for quality and price while doing other house chore. Now when mother says we are running out of this and that every moment i don't bother anymore, I just keep it in my cart immediately so i wont forget. I can book a cab, i can order food..so in nutshell it helps me being more productive and saves a lot of time. Even i don't remember when last time i stood in a queue infront of ATM to withdraw money.

[clarence]

Is all part of govt. plan to launch Ambani into e-commerce, they want to disrupt the current player and create a monopoly 😂😂😂

[ajinkyashembekar]

Sitting on twitter and congratulating the PM for literally anything he does and not doing anything on ground is also called being a couch potato Mr Goyal

[amitavchatterjee]

A vertical economy is not only socially unhealthy but also dangerous for social stability. We need to focus on lateral expansion.

[gopakumarr]

I would rather buy iPhone for 53k, rather than shelling 70k in retails pricey stores.70k means extra GST for govt on the price difference.

[Alex-bpfr]

Amazon did what Indian government failed to do since 1950 organize the Indian market.

Open up giant departmental stores and hypermarket chains with superior quality products and then sell them online/ offline who is stopping you.

But sticking to 1850's era retail store model is technically no longer feasible.

[jayendrajagdale]

Such pathetic thinking 😢
Does he really pass the CA exam? Only God can save this country from such rogue Politicians 🙏😢

[prashantmaheshwari]

i didn't see him commenting when reliance jio was doing this. Besides go where in such heavy traffic, first ask them to build infrastructure so it doesn't take hours to travel kms.

[VishyVV]

The thing is as a middle class person, I will purchase where ever its cheap because its the govt thats making me do this because they levy so many taxes that I dont save much to pay costly indian traders. To me as a honest tax payer, I will go where ever its cheap and gives me the value for money.

[stormssf]

Okay but big companies like reliance is phasing out employees

[cv-sj]

Fix the roads and public infrastructure first. I will happily go outside. Horrible traffic problems and pollution in all cities and potholes everywhere

[raghavgarg]

As a single introvert guy this ecommerce site are a god blessing, I can buy what I want at the comfort of my without being judged, cheated, or needing to bargain.

[tradehut]

Basically : "How dare there be competition and improved product quality?"

[SaiSS]

Now this government doesn't want middle class to even get discounts. Pls Let us live! 😭😠 Improve the roads and other infrastructure first, then we will go out 🙄

[Rav]

2 Samosa, 1 Tea and a Water Bottle costed me 490 Rs at Mumbai Airport.

Flight Ticket From Mumbai to Kolkata- 9230 Rs.

Cab drivers Took 1500 Rs.

Total 11220 Rs For Reaching Home (One time).

Avg. Person Earns Salary Per month in Kolkata is 17000.

And many of those People Among 100 Crore population whose Family depends on their Earnings !!

Seriously Janata Khatre mai hai !!😢