NEWS ITEM DETAILS

WB is Seventh State to regulate Direct Selling



West Bengal has become the seventh state in the country to regulate direct selling through West Bengal Direct Selling Guidelines 2018, the industry body said.

"These guidelines provide a definitional clarity for direct selling, paving way for a much-needed statutory push for the industry in the state. While, emphasising on a strong consumer protection mechanism," Indian Direct Selling Association (IDSA) said.

The guidelines also have provisions for appeal and revision to be monitored by the designated authorities.

"The eastern region is a very important market for the direct selling industry with 19 per cent market share. West Bengal is ranked second among the top-10 states in the country with Rs 940 crore business, accounting for 9.10 per cent share in total sales," IDSA chairman Vivek Katoch said.

The industry generate self-employment opportunities for more than 4.60 lakh direct sellers.

The other states to have notified direct selling guidelines are Chhattisgarh, Sikkim, Telangana, Andhra Pradesh, Odisha and Mizoram, IDSA sources said.
Posted On:

  Amint an International crypto exchange launched
  Zebpay stopped trading and continue as wallet
  Coinrecoil another crypto exchange launched
  Direct Selling Industry is key for employment growth
  Kamya Lifestyle launches new products
  53% are women in Direct Selling Industry
  QNet collaborates with Kent Alkaline !!!
  Coindelta reintroduced INR deposits and withdrawals
  Giottus reopened INR deposits and withdrawals
  Koinex introduced peer to peer INR deposit and withdrawals
Prev   Next