MLM News

NetworkingEye.com: MLM News, MLM News in Hindi, MLM business, MLM Companies, Scam Companies

  • Home
  • हिन्दी MLM News
  • Scam Companies
  • Guest Post
  • Submit An Article
  • Submit Press Release
  • Advertise
  • Contact
After a long time Indian Government decides to bring norms for MLM Industry

After a long time Indian Government decides to bring norms for MLM Industry

By Randhir Kumar | Published on 22/02/2014

Rate this News

In the 2014 election year, the direct selling industry is getting positive response from the central government, as it is sending the regulatory framework draft guidelines, regarding direct selling to the Inter ministerial committee. This might take some time to work but the investors heave a sigh of relief.

The direct selling regulation is already brought by the state Governments of Rajasthan and Kerala and this has resulted with a  positive impact on the people, who are dealing with mlm/direct sales business. The investors of other states are waiting for this kind of regulatory framework at the national level,  to put everything in the right place. If the regulatory framework is putting up on the place then it will give legitimate way of making money in different streams and would give massive growth to the direct selling Industry in India.

In year 2013 the direct selling business in India was of around Rs 7000 Crore, and with a growth rate of 20%, the direct selling industry is expected to grow up around Rs 11000 Crore by the end of year 2015.

  • Tweet
  • WhatsApp
  • More
  • Email
  • Print
  • Telegram

Related

Filed Under: MLM News, National News

SUBSCRIBE TO Networking Eye - MLM News

Sign up for our newsletter and receive news, updates, and the latest alerts.

Comments

  1. RAM PRASAD.M says

    25/02/2014 at 10:28 AM

    At last networkers can see a ray of hope. Surely the laws will benefit all the the DIRECT SELLING AGENTS.

    Reply
  2. NASARUDEEN M K says

    22/02/2014 at 11:06 PM

    Many many thanks to Central Government of India for making rules and regulations to doing network Marketing , and I have request that,please ban all money chain and money circulation schemes.

    Reply
    • John says

      23/02/2014 at 3:15 PM

      Dear Nasarudeen why you need MLM if you have money with you? I mean, Have money; go the market you get everything. Why you need to do MLM with product? So basically the need is for money. What do you do when you deal on stock trading with d’mat a/c? Is there any product you get in your hand? No, but still you pay for it… and then you lose it. where will you complain?- Nowhere. Because it is regulated; but your money is gone for good. Banks are also doing money circulations only. There are so many banks that have shut down and depositors lost their money. The government’s guarantee to depositors of Nationalised banks are only “upto One Lakh Rupees”; that means even if you have crores of rupees in a bank account in the event of the bank closing down you are optimally guaranteed of only one lakh rupees. So I am asking what this regulation of MLM wiil or can bring about?

      Reply

Leave a Reply Cancel reply

LATEST NEWS

  • Vestige To Launch PETA certified 100% Vegan Assure Natural Range
  • Ranga Reddy: Multi-level marketing fraudsters loot 15 lakh from woman
  • Enforcement Directorate (ED) attaches assets of ‘bike bot’ MLM Ponzi Company worth 103 crores
  • Indian Direct Selling/MLM Companies rises as top performer among Asia Pacific Companies
  • New Consumer Protection Act of 2019 to Protect Online Customers

TRENDING TODAY

  • QNet Is A scam In India or Legit?
    QNet Is A scam In India or Legit?
  • Indian Cyber Crime Toll-free Number to Report Online Frauds
    Indian Cyber Crime Toll-free Number to Report Online Frauds
  • Top MLM Companies of Network Marketing in India
    Top MLM Companies of Network Marketing in India
  • SCAM Companies New Updated list
    SCAM Companies New Updated list
  • The Status of Network Marketing/MLM/Direct Selling in India
    The Status of Network Marketing/MLM/Direct Selling in India
  • list of top mlm companies in india
    list of top mlm companies in india
  • The Indian Direct Selling Association - IDSA
    The Indian Direct Selling Association - IDSA
  • The Difference Between Linear Income and Residual Income
    The Difference Between Linear Income and Residual Income
  • Top 100 Global MLM companies in the world
    Top 100 Global MLM companies in the world
  • Top 400 Earners Network Marketing (based on earnings per month)
    Top 400 Earners Network Marketing (based on earnings per month)

COMMENTS

  • Sekhar Chetry on SCAM Companies New Updated list
  • KS on SCAM Companies New Updated list
  • Saad on SCAM Companies New Updated list
  • kiran on QNet Is A scam In India or Legit?
  • bhavin b rathod on Top MLM Companies of Network Marketing in India

Copyright © 2014–2021 · NetworkingEye.com

About Us · Privacy Policy · Cocky Policy · Terms & Conditions

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.