Thursday, 22 January 2015

RSS wants online shopping banned in Maharashtra

   Swadeshi Jaagran Manch leader Mr Gachke has iterated the need to ban ecommerce business in Maharashtra amidst PM’s call for foreign investment in India. The leader is furious over the fact that 80% of the stakeholders of ecommerce players in India are foreigners and that they haven’t come under the ambit of taxation as of now.

                              With the ecommerce business in India rising at a compounded rate of 35% each year, it’s estimated that the revenue generated by 2020 would easily cross the $100 billion mark. In a recent study conducted on the pattern of online shopping in India it was found that 4 crore Indians had purchased something via online shopping.

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