Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Thursday 15 March 2018

PARALYSED THROUGH 20 MONTHS' ANALYSIS ?


E  Commerce :  Broad Policy / Elements

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Economic Times ( 15 March ) carries following news :




The government on Wednesday made a case for a national e-commerce policy and a related consolidated legal framework to address the challenges of the sector and realise the opportunities in the global business-to-consumer (B2C) space. 

"Most important for us at this point of time as policy-makers and also as stakeholders who are at the receiving end...


We do not have a national e-commerce policy and we do not have a consolidated legal framework to deal with it. So if we look at the e-commerce...




We do need a broad policy that looks at the broad elements, that we will use to realise the opportunities," Commerce Secretary Rita Teaotia said addressing a workshop on e-commerce here. 


Some 20 MONTHS ago , I broadly outlined the contours of an E Commerce policy , as follows ( - and sent to the Policy Makers ) :



The best that the Committee can recommend is adoption of the following ,


Parekh's , " 3  Laws of E-Commerce Economy " ,


to be incorporated as 123rd Constitutional Amendment

( with apologies to Isaac Asimov's 3 Laws of Robotics ! ) :


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LAW  #  1 :


Asimov :

     A robot may not injure a human being or, through inaction, allow a human being to come to harm.


Parekh :

Rules / Regulations of E-Commerce shall not come in the way of unfettered creation of SELF EMPLOYMENT

    
Any existing Law / Rule / Regulation that hinders a person to become Self Employed, shall be treated as ultra-vires

  

Further , any Law / Regulation of " E-Commerce / FDI " which slows down Investment ( Foreign or Local / Official or through channeling of BLACK MONEY ), shall be treated as " bad in law " and struck down


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LAW  # 2
   

Asimov :

     A robot must obey the orders given it by human beings, except where such orders would conflict with the First Law.


    Parekh :

    Laws / Regulations governing " E-Commerce / FDI " shall be subservient to Laws / Regulations governing " Commerce / Investment " .
   
     
     Whenever any Public Authority / Court finds conflict between the two , laws / regulations governing " Commerce/ Investments " , shall prevail under all circumstances , and in favour of the self employed

      -----------------------------------------------------------------


     LAW  #  3

     Asimov :   

     A robot must protect its own existence as long as such protection does not conflict with the First or Second Laws.


    Parekh :

     Laws / Regulations of " E-Commerce / FDI " which get over-ruled under LAW # 2 , shall immediately " Self Destruct "  in favour of unobstructed progress of TECHNOLOGIAL ADVANCES


  


For the underlying logic, read :

Missing the Woods for the Tree ?  [  12  Aug  2016  ]


15  March  2018



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