CosmicTaco

Government Assesses Quick Commerce Impact on Kirana Stores

CosmicTaco · 2024-08-29T11:12:47.392634+05:30

- Multiple ministries evaluating quick commerce's effect on traditional mom-and-pop shops - No immediate policy interventions planned, assessment still in early stages - Trade Minister Piyush Goyal expresses concern over e-commerce growth and small trader decline - Industry execs warn of potential existential crisis if govt probes quick commerce companies - Analysts argue intervention premature, cite job creation and foreign investment benefits Source: [Moneycontrol](https://www.moneycontrol.com/news/business/startup/quick-commerce-on-govt-radar-ministries-assess-impact-on-kirana-stores-12808501.html)

Multiple ministries evaluating quick commerce's effect on traditional mom-and-pop shops
No immediate policy interventions planned, assessment still in early stages
Trade Minister Piyush Goyal expresses concern over e-commerce growth and small trader decline
Industry execs warn of potential existential crisis if govt probes quick commerce companies
Analysts argue intervention premature, cite job creation and foreign investment benefits

Source: Moneycontrol