Commerce Minister Tipu Munshi on Wednesday said the government will form an e-commerce regulatory authority to run the sector in a disciplined way.
“This e-commerce regulatory authority will provide registration to e-commerce farms and strictly monitor the digital business,” said the minister while speaking in a joint meeting at his ministry on the recent problems in the e-commerce sector.
“E-commerce is operating across the world. Thousands of people are involved in it. It won’t be logical to stop e-commerce due to fraudulence and cheating by a few firms. Tough action will be taken against those who’ve committed crimes. The government has taken necessary steps so that no one can cheat customers in the future,” said Munshi.
Earlier, legal action was taken against those farms that had cheated customers.