Union Commerce Minister @PiyushGoyal said the growth of e-commerce firms in the country is a “matter of concern” and not something to be proud of

Because their friend Ambani"s Jiomart is unable to compete with global firms like Amazon, Flipkart in terms of discount and Customer satisfaction. 

It's a political comment .

While ecommerce users won't vote on basis of what discount they are getting on ecommerce, offline merchants are a huge vote base.

There is no way to restrict ecommerce. If they try amazon would withdraw. Phir FDI ka tabla akele bajana padega.

It's a fact that ecommerce might not be able to generate as many jobs as offline merchants but that's how the future looks like , as new technologies come, jobs will keep getting cut. We need to explore population reduction.

the minister forgot to mention that the small shop owners are biggest tax evaders and exploit their employees. They roam in cars but dont pay any tax.  A salaried person uses a bike to take his entire family but pays tax.

Please read and understand this before you politicize Union Commerce Ministers statements. 

Flipkart posted a net loss of Rs 4,846 crore and a consolidated net total income of Rs 56,012.8 crore in FY23, with total expenses standing at Rs 60,858 crore.

Amazon, after narrowing its loss in FY22, Amazon Seller Services, the marketplace business of Amazon India, saw its standalone net loss widen 33% to INR 4,854.1 Cr in the financial year 2022-23 (FY23) from 3,649.2 Cr in the prior year.

Jio/Reliance Mart, India’s largest retailer Reliance Retail’s net profit jumped 30% to Rs 9,181 crore for the full financial year 2022-23 (FY23) over the previous year, with an equal growth in its gross revenue to a whopping Rs 2.6 lakh crore, driven by higher footfalls at its expanded network of stores after the Covid pandemic.