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Last Updated : Dec 09, 2019 02:30 PM IST | Source: Moneycontrol.com

Government mulls tie-up with Amazon, Flipkart to help MSMEs boost sales: Report

A fee-based arrangement has been reporedly suggested during internal discussions.

Representative image
Representative image

The government is planning to tie-up with Amazon and Flipkart to help MSMEs sell their goods to a wider market, according to a report in The Times of India.

The government is also considering a partnership with a financial sector entity to increase business-to-business (B2B) sales of small enterprises.

The report added that the MSME ministry may now abort the idea of setting up its own platform.

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Moneycontrol could not independently verify the report.

A fee-based arrangement has been reportedly suggested during internal discussions.

A part of the fee will be refunded to the government if a seller chooses to exit a platform within six months, an official told the paper. But if a seller stays on the platform for two years, the fee will not be refunded.

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First Published on Dec 9, 2019 02:21 pm
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