Government Plans To Set Up Departments For Regulation On eCommerce

eComm With the many number of cases being filed and investigated against eCommerce firms in India, the government now wants separate entities to look into each aspect of eCommerce to prevent such fraudulent practices. Keeping in mind the many processes involved in eCommerce, the department of consumer affairs has moved a note for the consideration of the committee of secretaries (CoS) to seek approval for allocation of certain jurisdictions to separate entities.
Keeping in mind the many processes involved in eCommerce, the department of consumer affairs has moved a note for the consideration of the committee of secretaries (CoS) to seek approval for allocation of certain jurisdictions to separate entities.
The proposed departments and their jurisdictions are as follows:

Department	Concerned Jurisdiction
Department Of Revenue	Taxation
Reserve Bank Of India	Banking And Foreign Exchange
Department Of Consumer Affairs	Consumer Protection
Commerce And Industry Ministry	Foreign investment and trade policy
Ministry Of IT And Telecom	Data Protection, Cyber Security, Issues Related To Server Registration And Websites
Corporate Affairs Ministry	Competition Policy Related Matters
Finance, Corporate And Home Ministries	Criminal Frauds
Statistics Department	To Build A Database On The eCommerce Sector
Information And Broadcasting Ministry	Advertising Norms And Related Matters