Not against e-commerce, clarifies Goyal, in damage control mode
By
Binu Mathew
New Delhi: In a swift damage control move, Union commerce minister Piyush Goyal on Thursday clarified his criticism of e-commerce, stating that he is not against the sector but rather supports it and favours Foreign Direct Investment (FDI) in it.
Goyal’s remarks made a day earliers had sparked concern among e-commerce industry stakeholders, prompting the minister to issue a clarification.
“I am not against e-commerce, but I am for fair trade and ensuring that e-commerce platforms are not used to harm small retailers and domestic industries,” Goyal said.