Not against e-commerce firms, want them to be fair and honest: Goyal

Union Commerce Minister Piyush Goyal on Thursday said that India is not against e-commerce companies but wants them to be fair and honest.

In remarks that came a day after he flagged concerns about e-commerce firms, Goyal said online businesses need to ensure a “fair chance” of competing.

Goyal on Wednesday voiced concerns about predatory pricing by e-commerce firms and feared about the impact their operations have on small retailers in the country. He also went public with his fears, warning of the “huge social disruption” with the massive growth of the e-commerce sector.