Piyush Goyal says growth of e-commerce in India ‘matter of concern: ‘Nothing to be proud of’

Commerce and industry minister Piyush Goyal raised concerns about predatory pricing by e-commerce platforms and the likely loss of employment in the traditional retail sector. Acknowledging the role of e-commerce, the minister said that there is a need to ‘think cautiously’ about how that role can be played in a ‘more organised’ way. At the launch of the report Net Impact of E-Commerce on Employment and Consumer Welfare in India, he asked, “Are predatory pricing policies good for the country?”