Assocham for implementation of guidelines on direct
Team Udayavani, Jun 12, 2018, 12:34 PM IST
Kolkata: Leading industry body Assocham has appealed to the government to advise all states for speedy implementation of Model Direct Selling Guidelines issued by the consumer affairs ministry in September 2016.
Assocham’s direct tax force on direct selling had written to the consumer affairs minister Ram Vilas Paswan stating that after 18 months of issuance of these guidelines, the industry has not seen much progress in their implementation.
Some of the states such as Sikkim, Telengana, Chhattisgarh and Andhra Pradesh have implemented the guidelines while most of the states are yet to adopt them, Assocham said in a statement.
The guidelines would recognise the sector and remove the misconception about the industry as a pyramid and money circulation schemes.
According to The Indian Direct Selling Association (IDSA), the number of direct sellers has witnessed a considerable increase to 5.1 million in 2016-17 from four million in 2015-16.
Vijay Saldana, chairman of the Task Force on Direct Selling, said, “If the Government ensures speedy implementation of the guidelines, it will result in creating over 10 million entrepreneurs by 2020.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Sitharaman responds to X user seeking relief for middle class
Failure to disclose foreign assets, income to invite Rs 10L penalty: I-T dept
CBDT launches campaign to intimate taxpayers on undeclared foreign assets in ITR
Indian economy well placed to handle any kind of spillovers from global events: RBI Guv
Credifin Limited (previously PHF Leasing Limited) announces Q2 results for FY 2024-2025
MUST WATCH
Latest Additions
Pushpa bows down to no one, but will do so for you: Allu Arjun to fans at ‘Pushpa 2’ trailer launch
Priyanka Gandhi leads roadshow in Nagpur
Sport teaches values beyond competition: Srihari Nataraj
Sudha Murty praises son-in-law Rishi Sunak’s ‘good Indian cultural values’
Magnus Magic in Kolkata: Carlsen completes double in style
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.