e-commerce platform Current Affairs - 2020

Police Use of Facial Recognition banned by Amazon

On June 11, 2020, the E-Commerce giant Amazon banned the use of its software “Rekognition” by the police. The software used to quickly compare a picture with the police data bases that holds hundreds of 1000s of photos. Why the ban? The facial recognition technology has been criticized over some time. This is mainly because, Read More…

GOI: Draft New Industrial Policy and National E-Commerce Policy to be released soon

On March 18, 2020 the Ministry of Commerce and Industry announced in the parliament that New Industrial Policy and National E-Commerce Policy are to be released soon. The policies are to be framed by the Department of Promotion of Industry and Internal Trade (DPIIT). New Industrial Policy Previously NIP was launched in 1991. Since then Read More…

Amazon to invest 1 billion USD in India; Create 1 million jobs

On January 17, 2020, one of the world’s largest retailer Amazon announced that it has planned to invest 1 billion USD in India and generate 1 million jobs. Globally Amazon has increased its employee base four times. Highlights The retailer has been constantly facing rage of the small and medium enterprises in India for its Read More…

CCI report on E-Commerce Market of India

On January 8, 2020, the Competition Commission of India (CCI) released its report on “Market Study on E-Commerce in India: Key Findings and Observations”. The market study for the report was initiated in April 2019 by CCI. According to the report, the number of internet users have increased from 445.96 million in 2017 to 665.31 Read More…

GEM Samvaad: GEM launches National Outreach Programme

Government e-commerce portal GeM has launched a national outreach programme called ‘GeM Samvaad’, to bring on-board more local sellers. The outreach programme will take place from 19 Dec 2019 to 17 Feb 2020 and will cover all States and Union Territories (UTs) of the country. It was launched by Commerce Secretary Anup Wadhawan in New Read More…