Monday, November 25, 2024
HomeNewsBad News: Big disclosure from Amazon documents! Confidential strategy was created to...

Bad News: Big disclosure from Amazon documents! Confidential strategy was created to dodge the Indian regulators

In the documents presented to Amazon, the e-commerce company, it is said about the Indian Prime Minister that PM Narendra Modi (PM Narendra Modi) is neither Intellectual nor very educated. They feel that only with the help of strong governance and administration, a successful government can be run.

New Delhi. Some documents from the American e-commerce company Amazon have been revealed, in which the written talks have been written by the Narendra Modi government at the center, Indian Retailers, big local companies and industry. (Industries) can pass exasperated. According to these documents revealed by Reuters, two-thirds of the total online sales in India through Amazon’s website have been reduced to the hands of just 35 sellers, while the company claims that its More than 7,00,000 Indian Sellers are associated with them and they are getting big benefits due to that.




In the documents of Amazon, some things have also been said about Indian Prime Minister Narendra Modi. It has been said in the documents that PM Narendra Modi is neither an intellectual nor a very academic person. They feel that successful government can be run only through strong governance. PM Modi is known for simple, logical and straightforward thinking. They do not want to get caught in a very heavy-weight academic term. Reuters has not yet received any response from PM Modi’s office and the Commerce and Industry Ministry on this.

Amazon’s business was jeopardized by FDI rules

. Amazon’s senior executive J. Carney was preparing for a meeting early in 2019. Carney, who was his press secretary during the tenure of former President Barack Obama, was to hold talks with the Indian Ambassador to the US in Washington. At the same time, the Government of India announced new and stricter rules regarding foreign direct investment (FDI). Actually, the new rules had put a threat to the business of Amazon, the world’s largest e-commerce company in the world’s second-most country. Before leaving for the meeting, Amazon employees prepared and gave a note to Carney.

Told Carney, what to say and what to stay silent on

In the note given by Carney, he was told what he had to say in front of the Indian ambassador and on whom to maintain silence. He was told in the note, “In front of the Indian diplomat, he has to say that Amazon has invested more than $ 5.5 billion in India and has made an online platform available to more than 4,00,000 Indian sellers.” At the same time, they were told to hide that only one third of the items sold by Amazon through 33 websites have been sold by Amazon. In the note, this information was described as very sensitive and not shareable.

only 35 sellers made two-thirds of online sales for 4 lakhs

Similar sensitive information has also come out in other documents of Amazon. According to them, 2 other vendors on Amazon’s Indian website accounted for 35% of the total sales on the e-commerce platform in early 2019. Amazon has a direct equity stake in these vendors. This means that out of the four lakh shoppers in Amazon India, only 35 vendors accounted for two-thirds of the total online sales of the e-commerce platform. All this information was politically important. If this information were revealed, then those big and small sellers of India could have been relieved, who have been alleging that violating Amazon rules is benefiting some big sellers and hurting their business.




Prime Minister Narendra Modi (PM Narendra Modi) could also be upset if this information about the e-commerce company’s documents proved to be false. Big shopkeepers. Not only this, it was also proved false by Amazon that the company is moving forward with small traders and traders in India. According to a Reuters report, details of the conversation between Carney and the Indian diplomat in April 2019 have not been revealed. Actually, both sides had not made any comment about it.

CCI is investigating

Amazon and Flipkart. Amazon claims that the company runs a transparent online market. It also treats vendors around the world equally. However, the documents before Amazon are not only telling the other story but also proving all such claims to be false. Documents have shown that the company has also kept control over the list of some big sellers. Explain that in January 2020, the Competition Commission of India (CCI) said that it is investigating Amazon and Flipkart. This investigation was started on the complaint of an Indian business group.

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments