27-05-2013
FDI Policy In Multi Level Marketing And Direct Selling – Companies Seek Clarifications
Amway India has asked the Department of Industrial Policy and Promotion (DIPP) to clarify and define sections of the consolidated FDI Policy in relation to the multi-level marketing and direct selling. Besides the company, the Indian Direct Selling Association also made representations for streamlining of the provisions of the Policy to avoid violations of the Foreign Exchange Management Act.
SOURCE: www.hindubusinessline.com
|