Daily Analysis 22 Aug

-> Commerce Minister blames e-tailers for predatory pricing, warns of social disruption -> Flood situation in B'desh not due to release of water from Indian dam: MEA

Commerce Minister blames e-tailers for predatory pricing, warns of social disruption

Union Commerce and Industry Minister Piyush Goyal expressed concern over the rapid growth of e-commerce, particularly pointing to Amazon for potentially engaging in predatory pricing practices that could disrupt the livelihoods of 100 million small retailers across India. Goyal highlighted that while e-commerce is here to stay, its expansion—growing at an annual rate of 27%—raises significant challenges, particularly in high-margin segments crucial for small businesses. He warned that unchecked growth could lead to "social disruption" similar to the decline of traditional stores seen in the United States and Europe.

Goyal’s remarks were made during the launch of a Pahle India Foundation report, which found that e-commerce has generated millions of jobs but also stressed the need for careful regulation to protect small retailers. The minister also referenced the government's Open Network for Digital Commerce (ONDC) initiative, which aims to create a level playing field for all stakeholders in the e-commerce ecosystem. Despite these efforts, major players like Amazon and Flipkart have yet to fully integrate with the ONDC network.


Source: https://indianexpress.com/article/business/massive-growth-e-commerce-social-disruption-piyush-goyal-9525467/


Question:

What is predatory pricing?


Flood situation in B'desh not due to release of water from Indian dam: MEA

The Ministry of External Affairs (MEA) of India clarified that the opening of the Dumbur dam in Tripura is not responsible for the current flood situation in districts along Bangladesh's eastern borders. The floods are attributed to heavy rainfall in the catchment areas of the Gumti River, which flows through both India and Bangladesh. The MEA emphasized that the Dumbur dam is located over 120 km upstream from the border and is a low-height dam that contributes power to both India and Bangladesh. The ministry also highlighted under the ongoing bilateral cooperation between India and Bangladesh to address flood-related challenges, Amarpur station has been transmitting real-time flood data to Bangladesh.


Source: https://www.business-standard.com/india-news/flood-situation-in-b-desh-not-due-to-release-of-water-from-indian-dam-mea-124082200285_1.html


Question:

On which river Dumbur Dam is situated?

  • Muhuri,
  • Khowai,
  • Gumti,
  • Dharla,

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