सरकार ने मल्टीलेवल मार्केटिंग (MLM) कंपनियों के व्यापार को अप्रत्यक्ष रूप से झटका देते हुए उत्पाद बिक्री के एवज में एजेंटों को दिए जाने वाले इंसेंटिव पर पाबंदी लगा दी है। मल्टी लेवल मार्केटिंग कंपनियां उत्पाद की कीमत के अलावा अन्य किसी भी तरह का कमिशन या प्रोत्साहन राशि नहीं दे सकेगा । कैबिनेट ने […]
Ministry of Corporate Affairs: No proposal to set up a central institution
A question was asked in Raja Sabha about the central institution to enforce the provisions of the Act “The Prize Chits and Money Circulation Schemes (Banning) Act, 1978” all over India under central government. To this Minister of State for Corporate Affairs Shri R.P.N. Singh in reply to a written question in the Rajya Sabha on 13-August, 2012 said […]
MLM In India Must Have strong Laws To Regulate Direct Selling : Amway
India’s biggest direct selling business, Amway, is lobbying hard to ensure there are rigorous regulations and law laid down for the industry. With multi-level marketing operations such as SpeakAsia, GoldQuest and the most recent Emu farming scheme coming unstuck, the need to tighten the noose around this business is being felt more than ever in […]
MLM employees demand enactment of Central legislation in India
MLM Employees While there is no guarantee of a NETWORK MARKETING business’s survival, the AITUC desire these companies to offer PF, gratuity and other advantages to their workers New Delhi: Many staff members of multi-level advertising firms organized a protest in the capital requiring enactment of a Central law which would determine and guard the […]
Inter Ministerial Committee to Consider the Issues Relating to Direct Selling and Multi- Level Marketing in India
Press Information Bureau Government of India Ministry of Consumer Affairs, Food & Public Distribution 24-July-2012 13:23 IST Inter Ministerial Committee to Consider the Issues Relating to Direct Selling and Multi- Level Marketing. Department of Consumer Affairs, Government of India has constituted Inter-Ministerial Committee to consider the issues relating to the companies engaged in Direct Selling/Network/Multilevel […]
Moneylife Foundation sends representation to PM, FM and RBI urging ban on MLM schemes
Moneylife Foundation urges the PM and others to completely ban MLM companies in India or bring these companies under the regulation of either RBI or SEBI. From past few years we have seen MLM scams at a regular interval, the scamster comes in disguise with get rich quick schemes. Kanakdhara, GoldQuest, StockGuru India and many such […]