For those that have been following international direct-selling news will be happy to hear that India is finally putting some measures into place to progress the direct-selling industry in their country, which has been sorely lacking the support. Although a small baby step toward the results needed, it is a step in the right direction.
Welcoming the formation of an inter ministerial committee to look into their issues, direct sellers have asked the government to frame a separate regulation after consulting all stakeholders in a time-bound manner for the sector.
The India Direct Selling Association (IDSA), which falls under the Prize Chits & Money Circulation Schemes (PCMCS) (Banning) Act, has been asking for a separate legislation for some time.
“We welcome the much awaited action taken by the government. We hope the government will draft an inclusive legislation in consultation with the industry stakeholders. We expect the government to give out time-bound legislation,” IDSA Secretary General Chavi Hemanth said.
Last week, MoS Consumer Affairs, Food and Public Distribution Raosaheb Patil Danve has informed Parliament that the government has set up an inter ministerial committee to consider separate legislation for direct selling/ multi-level marketing companies.
“At present, in the absence of any separate regulatory framework business models like direct selling/