• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Thursday, September 3, 2026
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

Union Govt Warns Edtech Companies against Unfair Trade Practices

by Ayush Bansal
July 3, 2022
in Business, News
Reading Time: 2 mins read
0
Top 6 Advantages of EdTech for Learners
TwitterWhatsappLinkedin
Union Govt Warns Edtech Companies against Unfair Trade Practices
Image: SamVidhi

The government warned ed-tech companies on Friday against indulging in unfair trade practices, including misleading advertisements. The center said that it will be forced to bring stringent guidelines if there is no self-regulation by the industry players.

You might also like

Google Reportedly Testing Gemini 3.8 Flash to Challenge OpenAI and Anthropic in AI Coding Race

No AI Until High School: NYC Schools Announce Major Classroom Technology Overhaul

upGrad Completes $200 Mn Acquisition of Unacademy in Major EdTech Shake-Up

The increase in fake reviews in the edtech space and ways to curb it was also discussed during a meeting by Consumer Affairs Secretary Rohit Kumar Singh with self-regulatory body India Edtech Consortium (IEC) and other industry players in the national capital.

“If self-regulation does not curb the unfair trade practices, then stringent guidelines would be formulated for ensuring transparency,” Singh said at the meeting.

During the meeting, Singh stated that issues relating to misleading advertising for the ed-tech sector and unfair business practices were discussed extensively. The Secretary also talked about how to effectively protect consumer interests in India’s ed-tech ecosystem.

Interestingly, in December last year, the government issued an advisory to citizens regarding the use of caution against ed-tech companies which support online and remote learning.

The Ministry of Education went on to advise parents, students, and all stakeholders in education to exercise caution when deciding to use online content and coaching provided by domestic ed-tech firms.

The meeting was attended by representatives of the Internet and Mobile Association of India (IAMAI), along with IEC member companies, including upgrade, BYJU’S, Unacademy, Vedantu, Great Learning, WhiteHat Jr. and Sunstone.

Advice for Parents

The HRD ministry also advised parents to avoid the automatic debit option for payment of subscription fee as it may result in a child accessing the paid features without realizing that he/she is no longer accessing the free services.

Edtech platforms are seeing a significant dip in demand for online learning, and some such firms have either shut shop or fired employees in recent days.

Some techs have entered into physical tuition center space, which put them directly on the warpath with traditional coaching classes.

While BYJU has already opened offline tuition centers, Unacademy has announced the opening of coaching centers nationwide, starting with Kota in Rajasthan, which is the coaching hub for engineering entrances, IIT-JEE, JEE Main, and medical entrance, NEET.

What was in Report

A recent report by the Advertising Standards Council of India (ASCI) revealed that the education category is the largest violator of the advertising code in 2021-22.

The secretary also advised IEC to continue with their positive efforts to serve the ecosystem and form a joint working group with relevant stakeholders to create the SOPs in this regard.

The industry members briefed the secretary about the progress of the IEC and the direction of ongoing efforts to improve the awareness and welfare of learners.

Also, the members shared the ‘Code of Conduct which is instrumental in enhancing and promoting seamless and transparent offerings about ethical sales and marketing communications.

The IEC explained the grievance redressal process and the role of the Independent Grievance Review Board (IGRB) – which has been set up to oversee the alignment and adherence to the Code of Conduct.
Tags: BusinessEdTechMarketNews
Tweet54SendShare15
Previous Post

Great Wall Motors Quits India Without A Single Launch

Next Post

Tesla faces decline in deliveries, hurt by Covid shutdown in China

Ayush Bansal

Recommended For You

Google Reportedly Testing Gemini 3.8 Flash to Challenge OpenAI and Anthropic in AI Coding Race

by Ishaan Negi
September 3, 2026
0
Google Reportedly Testing Gemini 3.8 Flash to Challenge OpenAI and Anthropic in AI Coding Race

The artificial intelligence race is entering another competitive phase, with Google DeepMind reportedly preparing a new Gemini model aimed at improving its performance in coding and reasoning. According...

Read more

No AI Until High School: NYC Schools Announce Major Classroom Technology Overhaul

by Shailja Jha
September 2, 2026
0
No AI Until High School: NYC Schools Announce Major Classroom Technology Overhaul

New York City is taking a major step back from artificial intelligence in its public schools, introducing a sweeping overhaul of classroom technology that will restrict student access...

Read more

upGrad Completes $200 Mn Acquisition of Unacademy in Major EdTech Shake-Up

by Ishaan Negi
September 2, 2026
0
upGrad Completes $200 Mn Acquisition of Unacademy in Major EdTech Shake-Up

Ronnie Screwvala-led upGrad has completed its acquisition of Unacademy for just over $200 million, marking a dramatic reset for one of India’s most recognisable edtech startups. Unacademy co-founder...

Read more
Next Post
Tesla China-made Model 3 vehicles are seen during a delivery event at the carmaker's factory in Shanghai, China

Tesla faces decline in deliveries, hurt by Covid shutdown in China

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at info@techstory.in

Advertise With Us

Reach out at - info@techstory.in

Aviator Game India 2026

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News OpenAI samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2025 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2025 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?