India’s Commerce Minister Piyush Goyal has clarified his earlier statements on e-commerce, emphasizing that he supports the sector and welcomes Foreign Direct Investment (FDI) in it. His initial comments, which expressed concerns about e-commerce’s impact on small retailers, had raised anxieties in the industry. Goyal’s clarification aims to alleviate these concerns and reaffirm the government’s commitment to fostering a balanced e-commerce ecosystem.
Piyush Goyal, a veteran politician and Union Minister with a diverse portfolio, is set to contest the Lok Sabha election 2024 from the Mumbai North seat. He is confident of a victory for the BJP in Maharashtra and eager to connect with the people directly as an MP. Goyal believes his experience in various roles will enable him to better understand and address the issues faced by the constituency. He also dismisses concerns about moving to New Delhi after being elected, emphasizing his commitment to staying connected and working for the development of North Mumbai.
