Unfettered growth of e-commerce in India may cause “huge social disruption”, impacting the livelihood of 100 million small retailers across the country, Union commerce and industry minister Piyush Goyal said on Wednesday, accusing multinationals such as Amazon of resorting to unfair practices such as predatory pricing to gain market share. His comments are likely to...
Tag: E-commerce
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Piyush Goyal isn’t happy with online shopping boom, warns India will become a country of couch potatoes
Union Minister of Commerce & Industry, Piyush Goyal, voiced his concerns about the rapid growth of online shopping in India, warning that it could turn the country into “a nation of couch potatoes.” He cautioned that the convenience of e-commerce might lead to a more sedentary lifestyle, with people opting to stay home, watch OTT...