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The ECCI aims to bring together policymakers, e-commerce marketplaces, brands, retailers, logistics providers, technology companies, payment solution providers, startups, exporters, MSMEs, industry experts, and academic institutions to strengthen India’s digital commerce ecosystem
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Mains Practice Question
Discuss the role of industry associations like IAMAI in promoting digital commerce and their potential impact on India's $120 billion digital economy.
250 words
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The E-Commerce Council of India (ECCI) was launched by which association?
The E-Commerce Council of India (ECCI) was launched by the Indian Association of Movers and Allied Industries (IAMAI), a leading industry association in the digital commerce space.
What is the value of India's digital commerce ecosystem?
India's digital commerce ecosystem is valued at $120 billion, making it a significant contributor to the country's GDP.
What is the primary objective of the E-Commerce Council of India (ECCI)?
The primary objective of the E-Commerce Council of India (ECCI) is to strengthen India's digital commerce ecosystem, a key initiative aimed at promoting e-commerce growth in the country.
Consider the following statements regarding E-Commerce Council of India (ECCI): 1. The ECCI aims to bring together policymakers and e-commerce marketplaces. 2. India's digital commerce ecosystem is valued at $100 billion. 3. The ECCI has been launched by the Ministry of Commerce and Industry. How many of the above statements are correct?
Statement 1 is correct because it aligns with Fact 2. Statement 2 is incorrect because it contradicts Fact 3. Statement 3 is incorrect because Fact 1 states that the ECCI has been launched by IAMAI, not the Ministry of Commerce and Industry.
Consider the following two statements: Statement-I: The E-Commerce Council of India aims to bring together various stakeholders. Statement-II: This is done to strengthen India's digital commerce ecosystem. Which one of the following is correct in respect of the above statements?
Statement 1 is correct as it directly mentions the goal of ECCI. Statement 2 is also correct because it explains why various stakeholders are being brought together, which is to strengthen India's digital commerce ecosystem.