E-commerce Revolution: A Driver of Job Creation and Consumer Welfare in India

A recent report reveals that e-commerce has generated 15.8 million jobs in India, including 3.5 million for women. The study, presented by Commerce Minister Piyush Goyal, highlights e-commerce's role in boosting employment and consumer welfare, with a notable impact in Tier 3 cities and among smaller vendors and enterprises.

A recent report has shown that online vendors in India have created 15.8 million jobs, including 3.5 million for women. The document, titled 'Assessing the Net Impact of e-Commerce on Employment and Consumer Welfare in India,' was released by Commerce and Industry Minister Piyush Goyal.

The report, prepared by Pahle India Foundation, reveals that e-commerce has been a significant employment driver, employing 54% more people on average than offline vendors, and almost twice as many women.

E-commerce is also expanding into Tier 3 cities, where consumers spend significantly on online shopping, contributing to both employment growth and consumer welfare.

(With inputs from agencies.)