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Regulation of Direct Selling Activities in the country

Regulation of Direct Selling Activities in the country
Start Date :
Feb 12, 2015
Last Date :
Feb 16, 2016
08:30 AM IST (GMT +5.30 Hrs)
Submission Closed

With globalization and liberalization of Indian Economy in last two decades, numerous domestic and international companies have been drawn to investing in new modes of business/ ...

With globalization and liberalization of Indian Economy in last two decades, numerous domestic and international companies have been drawn to investing in new modes of business/ business models targeted at the huge domestic market especially in the consumer goods & services. Direct Selling is one of these modes where goods /services are sold directly by the producer/service provider to the consumers. For this different models such as Multi Level/Network marketing, Door to Door Selling, Online Selling, Tele-shopping are being used. These practices are new and different from traditional retail through shops. In the absence of a proper regulatory framework, retail through these models leads to consumer grievances, trader’s issues, slow growth of the sector etc.

The aim of this discussion is to deliberate and evolve views of all stakeholders for providing a regulatory framework to the sector.

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Showing 4663 Submission(s)
HP JALAN
HP JALAN 11 years 2 months ago
There should be separate Investigative agency like CBI, say FBI-Financial Bureau of Investigation, for financial fraud, forgery and Ponzi schemes. It should keep an eye on schemes which promises windfall returns, huge discounts,freebies or contingent profits to retail investors. It should catch the fraudsters at initial stage to reduce the harm it can cause to the public. The penalty and fines should be more stringent than SATYAM that no one can dare to cheat the small investors.
HP JALAN
HP JALAN 11 years 2 months ago
SEBI should also regulate the Investment advice, where there I conflict of interest. There should be a code to fix responsibility on investment advisors. The advisors must see the interest of the Investor first and not their commission. Investment advisors give contrary advices to retail investors in the interest of promoters,brokers and HNI. There should be proper disclosure by the Investment advisor if he has any interest of conflict in the advice and quantum of commission received.
Sakthivelu Kandhasamy
Sakthivelu Kandhasamy 11 years 2 months ago
Direct Selling Agents system will help people to save time and money. And it will also help reduce unemployment. The government establishments may make this opportunity in their extension activities.
suresh_44
suresh_44 11 years 2 months ago
DSM is great source of opportunity for unemployment people and also who have dreams to fulfill as second source income by EVERYTHING GETTING CHANGE IN LIFE,BUSINESS NATURE IS ALSO CHANGING,SO GOVERNMENT SHOULD AND MUST BRING STRONG LAW FOR DIRECT SELLING IN INDIA IMMEDIATELY.
MAHI DHAR VADLAMUDI
MAHI DHAR VADLAMUDI 11 years 2 months ago
MESSAGE SENT TO IDBI BANK INCLUDE APEX OFFICE IN ADMINISTRATION NET WORK , MINISTRY OF FINANCE IN NOTICE BOARDS IN GOVERNMENT OF INDIA UNDERTAKING BANKS BRANCHES V . MAHI DHAR INVESTOR IN I D B I DE MAT TRADING ACCOUNT mailmemahi.dhar@rediff.com MESSAGE FROM idbi BANK Dear Sir We wish to inform that as per Bank's policy, all the relevant notices are displayed at Bank branches Samiksha Ojha Assistant Manager Customer Care center
nandini kishan
nandini kishan 11 years 2 months ago
Direct selling though very lucrative and efficient distribution channelof buying and selling products,needs to be protected from the online sale giants!there should be a regulation on ban of selling the products on any ecommerce website other than the registered direct selling website.Direct selling also is a great way of empowering our vast population and creating entrepreneurs.Direct selling is the future.https://www.facebook.com/pages/Oriflame-you-by-Nandini-kishan/672763522739404?fref=ts&ref
rupesh vishwakarma
rupesh vishwakarma 11 years 2 months ago
आज देश में वस्तुओं के निर्माण पर आने वाली लागत(cast) एवं उसके निर्माण में उपयोग आवे वाली सामग्रियों की मात्रा से उपभोक्ता को सही व विश्वसनीय जानकारी हिन्दी या उसकी स्वयं की भाषा में उपलब्ध होना चाहिये|दूसरी बात वस्तु के निर्माता एवं व्यापारियों के अधिकतम मुनाफा की जानकारी उपभोक्ताओं को मिलना चाहिये|
santosh sabne
santosh sabne 11 years 2 months ago
Any e-commerce website should be answerable to the customer against any damage caused while shipping the goods They should provide the products that must be equal to the prices available in the local markets of the country but not the very low price as it will affect the sellers in the country. Many of the ecommerce giants are providing products at cheaper prices but it is badly affecting on the price available in the local markets. Solaws should be very strict especially in e-commerce secto
santosh sabne
santosh sabne 11 years 2 months ago
Its a good industry to earn money and achievement,and also those who have no quality,education & any scope his life to proof himself,they also proof himself by this industry.SO I SUGGEST ITS A GOOD CONCEPT