2015-01-05 15:21

 

Amway: direct selling market turmoil in India government committee to separate legislation

 

CNDSN1 month 5 days (selling 100) recently, the international direct marketing has been of concern to people, this will be a good welcome news, India finally implement the corresponding measures to guide the direct selling industry in the development of their national sound, though it is just beginning, but is also moving in the right direction the first step.
The government is building a cross departmental committee to explore the crux of the problem, the direct sales personnel have requested that the government departments to consult all stakeholders and according to the actual situation to make the corresponding adjustment, at the same time India Direct Marketing Association (IDSA) in accordance with the requirements of the separate law also has a section between.
"The government has taken our long-awaited action, we hope the government will draft an inclusive legislation, which can be related to the interests of the industry consultation, in a short period of time the government gives the relevant legislation," the IDSA Secretary General CHAVI Hemanth said.
Last week, MoS consumer law firm has received notice of the Congress, the government has formed an inter departmental Committee, will be considered for the direct selling / multi level marketing company separate legislation.
"At present, the jurisdiction of PCMCS financial services within the Department of management, no single business model of direct selling supervision framework," MoS spokesman said the consumer law firm.
The committee will review the development of the past five years of direct selling industry, according to the functional distinction between Pyramid business strategy, scheme of currency circulation and different Direct Selling Company properties and growth and then judge.
This year, Amway general manager and chief executive of William S Pinckney for violating the PCMCS method was arrested, this is because at that time the legislative policy is not clear. *
(original title: Amway: at the direct selling market turmoil in India government set up a committee of separate legislation)
Editor: small Shen