What is Open Network for Digital Commerce (ONDC)? Discuss the benefits of and challenges associated with ONDC.
Answer: Open Network for Digital Commerce (ONDC) has been rolled out in 100 cities of India.
- ONDC is an initiative promoting open networks for all aspects of exchange of goods and services over electronic networks.
- It is an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry.
Benefits
- Levels playing field for e-commerce operators and widen digital market access for MSMEs and small traders in country.
- More open and competitive commerce.
- Wider choice for consumers and access to a wider consumer base for sellers.
- Consumers can get price offered by seller directly without ....
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