FIDSI (Federation of Indian Direct Selling Industries) is formed with an objective to make people and all the business sectors aware about the direct selling industry and its importance as an integral part of the Indian industrial sector.
The importance of FIDSI is more felt in today's world as money laundering due to Ponzi schemes and quick money circulation scheme frauds are on the rise. This could blunt the distinguishing line between direct selling and money circulation schemes. The awareness of common people, in general, about the direct selling industry is very less due to almost no promotion.
Among the people, it is generally observed that many genuine direct selling companies were assailed by people and governing authorities to classify them as cheats or frauds. Also, more often than not, the media and the involved authorities also mistakes a direct selling company for a money circulation scheme. These trends indicate a very miserable situation.
All direct selling entities are to get themselves licensed as re-labellers instead of food business operators in accordance with notice no.15(31)2020/foscos/rcd/fssai dated 28/05/20 without late fees/penalty by 31.12.2020. Please contact us for migration before 31.12.2020 to avoid late fees/penalty.
Except some sections mentioned therein the consumer protection act, 2019 is effective from 20th july.
Vide notification Nos 35/2020 and 39/2020 dated 24th and 29th June 2020 respectivelyThe CBDT has.
Meeting with Hon'ble Minister of Consumer Affairs, West Bengal, Shri Sadhan Pande who Heads the.
FIDSI representatives Adv.Ravinder Kumar, President, Sh. S.K. Choudhary, Vice President and Sh. Rahul Sudan, General.