"Some representations have been received in this department, complaining that e-commerce companies are offering deep discounts, indulging in predatory pricing, engaging in B2C business, exercising control over inventory and influencing the prices of goods sold on the platform," he said.
The onus of compliance of the provisions of FDI policy is on the investee entity.
The policy is made legally enforceable through notifications under FEMA, 1999, by the RBI.
In a separate reply on onions, the minister informed that the prohibition on export of onions has been imposed in view of the prevailing adverse domestic availability and price situation.
"No report of adverse impact on onion growers in the country, particularly in Maharashtra, has been received in the ministry," he said.
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