Govt arms DIPP with policy oversight to assume singular control over retail

The new Department of Industrial Promotion and Internal Trade will be in charge of both e-commerce and physical retail

Amidst a controversy regarding rules for e-commerce in the country, the government has armed the Department of Industrial Policy and Promotion (DIPP) with more policy oversight to assume singular control over the retail trade sector.

The DIPP had till now set the rules for foreign direct investment (FDI) in e-commerce and physical retail. In its new avatar as the Department for Promotion of Industry and Internal Trade (DPIIT), it will directly be responsible for 'the welfare of traders and their employees', a gazette notification published on Tuesday.

The gazette added that DIPIT will continue to remain in charge of ease