PROBIZ International - Vol-1 Probiz File final | Page 18

News From the Chamber - ASSOCHAM ASSOCHAM urges the govt. to reject TRAI’s proposal T RAI’s recommendation to permit sale of internet services without a licence and other statutory levies is highly disruptive in nature and would wreck a huge investment in the telecom sector. ASSOCHAM Secretary General Mr. D S Rawat said ” TRAI’s recommendation that the Internet Services should be sold under a registration, instead of a licence via Public Wi-Fi networks, would mean there would be no liability on the service provider to pay statutory charge, license fee and compliance with any security conditions”. This recommendation is completely unjustifiable and unwarranted as this would lead to a serious non-level playing field between licensed and unlicensed stakeholders. Doing so will disrupt the entire licensing framework and affect the huge amount of investment already made in the telecom infrastructure. This will widely impact the telecom sector. Industry players with a valid license duly pay regulatory levies and follow all regulatory and security compliance. If an unlicensed entity starts providing these services, it would lead to a massive impact on the revenue of licensed operators who are dutifully following all the norms and guidelines of the licensing framework. India’s e-commerce section at its top T he total retail sales in India will likely increase from $717.73 billion to $1,244.58 billion as it’s growing at an impressive rate of about 15% according to an ASSOCHAM-Resurgent India latest study. About 100 million 18 August 2018 consumers purchased online and the number is expected to cross 120 million by 2020 with the rise of digital natives. Better infrastructure in terms of logistics, broadband and Internet- ready devices to fuel the demand in e-Commerce. In cities like Bangalore, its population chose to buy daily routine products through e-shopping which will go to 75% this year for apparel, gift articles, magazines, home tools, toys, jewellery, beauty products & sporting goods categories. Likewise, Mumbai share was 68% which might go up to 72% for electronic gadgets, accessories, apparel, gifts, computer peripherals, movies, hotel booking, home appliances, movie tickets, health & fitness products and apparel gift certificates etc. whereas in Delhi, 65% of its population chose to buy daily routine products online which will go to 68% soon. E-commerce is big business and getting bigger day by day. Online shopping has been embraced by Indians with close to 25-30 million adults making a purchase via the internet. The year 2018 will see large scale growth in the Indian e-commerce sector with increased participation from people across the country. This industry will continue to drive more employment opportunities and contribute towards creating more entrepreneurs through e-commerce.