The Open Network for Digital Commerce ONDC has recently reported 8.9 million transactions in a month, including 5 million retail orders.
About ONDC:
- ONDC, operated by the government, aims to facilitate open networks for the exchange of goods and services through digital networks.
- The Department for Promotion of Industry and Internal Trade (DPIIT) serves as the nodal agency.
- ONDC utilizes an open-sourced methodology with open specifications and network protocols, making it independent of any specific platform.
- Its primary objective is to enhance e-commerce penetration across India by enabling population-scale inclusion of sellers of all types and sizes.
Ref: Source
UPSC IAS Preparation Resources | |
Current Affairs Analysis | Topperspedia |
GS Shots | Simply Explained |
Daily Flash Cards | Daily Quiz |