India’s plan for tighter e-commerce rules face internal govt dissent: Report

The plan to tighten rules for e-commerce firms operating in the country has faced internal government dissent as the finance ministry has termed some proposals as "excessive".

India's plan to tighten rules on its fast-growing e-commerce market has run into internal government dissent, memos reviewed by Reuters show, with the Ministry of Finance describing some proposals as "excessive" and "without economic rationale".

The memos offer a rare glimpse of high-stakes policy-making governing a market already featuring global retail heavyweights from Amazon to Walmart, plus domestic players like Reliance Industries and Tata Group. The sector is forecast by Grant Thornton to be worth $188 billion by 2025.