By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Latest World News UpdateLatest World News UpdateLatest World News Update
Notification Show More
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
Reading: Betting big on e-commerce will boost jobs, consumer benefits: Pahle India Foundation – World News Network
Share
Latest World News UpdateLatest World News Update
Font ResizerAa
Search
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > Betting big on e-commerce will boost jobs, consumer benefits: Pahle India Foundation – World News Network
Business

Betting big on e-commerce will boost jobs, consumer benefits: Pahle India Foundation – World News Network

worldnewsnetwork
Last updated: August 22, 2024 12:00 am
worldnewsnetwork
Share
5 Min Read
SHARE

VMPL
New Delhi [India], August 22: Pahle India Foundation (PIF), a leading Delhi-based policy research institute, today launched its comprehensive study – Assessing the Net Impact of e-Commerce on Employment and Consumer Welfare in India.
The report, released by Piyush Goyal, Union Minister for Commerce and Industry, offers a deep dive into the transformative role of e-Commerce in the Indian economy, examining its impact on job creation and consumer benefits. Saurabh Garg, Secretary, MoSPI, Government of India was also present at the launch.
A lively discussion followed the release of the report over two sessions, the first chaired by Dr. Rajiv Kumar, Chairman of PIF and former Vice Chairman of NITI Aayog, and the second by Ashish Kumar, Distinguished Fellow, PIF, and former Director General of the Statistics Office, GoI. Contributions from a distinguished panel of experts enriched the discussion.
Setting the tone for the interaction, Dr Rajiv Kumar said: “e-Commerce has revolutionized India’s retail landscape. Our study provides a data-driven understanding of its impact on employment and consumer welfare, offering invaluable insights for policymakers and industry stakeholders.”
Piyush Goyal, Minister of Commerce and Industry iterated the need to look at the medium-to-long term socio-economic impact of the growth of eCommerce. He said, “I don’t deny that e-commerce has a role, but we have to think carefully what that role is, and how it can evolve in an organised fashion.”
Saurabh Garg, Secretary, Ministry of Statistics and Prgramme Initiatives, lauded the government’s initiatives expanding digital public infrastructure that have enabled the smooth expansion of e-commerce.
The study’s key findings highlight the significant contribution of e-Commerce to employment, with e-commerce vendors found to have generated 16 million jobs. This employment was also distributed among various roles across skill levels, from marketing to management, customer service and operations, and warehousing logistics, and delivery. e-Commerce was also found to create almost twice the number of jobs for female workers compared to other retail segments.
The impact of e-Commerce is also significant for vendors operating in smaller cities. According to the study, 60% of vendors in smaller cities reported increased sales and profits since they began selling online, with more than two-thirds of these experiencing an increase in online sales value and profits in the past year alone. This number was even higher in Tier 3 markets, with 71% of vendors reporting additional sales in their businesses.
The study also delves into how e-Commerce has reshaped consumer behaviour, noting that consumers have shifted to online shopping for reasons that include convenience, product variety, and access. A highly engaged consumer base is indicated by the fact that more than 50% of all respondents to the survey spent more than two hours on e-Commerce platforms a week, and that 70% made a purchase via e-Commerce in the last month alone.
Many of these findings indicate that, on balance, e-Commerce is transforming consumer behaviour and employment patterns in India, leading to a more robust yet dynamic retail environment.
Pahle India Foundation’s research aims to inform policy decisions and foster sustainable growth within the e-Commerce sector. By providing evidence-based analysis, the Foundation seeks to contribute to a thriving digital economy that benefits both businesses and consumers.
About Pahle India Foundation
Established in 2013, Pahle India Foundation is a non-profit think tank dedicated to policy-focused research. The foundation has been at the forefront of analysing critical issues, including e-Commerce, and has significantly contributed to policy formulation in India.
(ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same)


Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

Indian markets rebound and open in green; experts say short position of FPIs is a concern – World News Network

Stitch of Gold: Weaving Heritage into Luxury – World News Network

Whirlpool Unveils Lapis Grande – Premium Range of Glass Door Refrigerators: Redefining Modern Home Refrigeration Through Nature-Inspired Design – World News Network

World’s First Eight Dimensional Holistic Wellness Retreat Successfully conducted by Dr Prem at Jungle Mahal, Nepal – World News Network

Harleen Kaur and ACT HUMANE: A Crusade for Compassion, Community Upliftment, and Empowering the Marginalized – World News Network

Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article Deepti Sharma celebrates progress in women’s cricket, credits WPL and equal pay for boosting the game in India – World News Network
Next Article Assam Police seized 7,206 kg heroin, 445 kg of brown sugar from April 2016 to July 2024, CM informs Assembly – World News Network
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

- Advertisement -

Latest News

FOR HECTOR SIR – World News Network
World May 14, 2025
Pakistan NGO raises alarm on forced evictions of Christian farmers – World News Network
World May 14, 2025
Central Tibetan Administration marks 30 years since disappearance of Panchen Lama, renews call for transparency – World News Network
World May 14, 2025
Chinese state mouthpiece ‘Global Times’ account withheld in India – World News Network
World May 14, 2025

Sports

Devendra Fadnavis meets Rohit Sharma, extends wishes post Test retirement – World News Network
Sports
“Greats should play till 50”: Yograj Singh slams early retirement of Rohit, Virat – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Science
  • Sports
  • Tech
  • Videos
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Press Release
  • Press Release Distribution Packages

Entertainment

Quentin Tarantino attends Cannes 2025 opening ceremony – World News Network
Entertainment
Cannes 2025: Leonardo DiCaprio presents Robert De Niro with honorary Palme d’Or for Lifetime Achievement – World News Network
Entertainment
Latest World News UpdateLatest World News Update
Follow US
Copyright © 2023 World News Network. All Rights Reserved
Welcome Back!

Sign in to your account

Lost your password?