OPEN NETWORK FOR DIGITAL COMMERCE

Objective:

    • Creating an inclusive ecosystem for e-commerce.
    • Increase penetration of e-commerce in the country.

Features:

    • It is based on open-sourced methodology i.e. promote open networks for all aspects of exchange of goods and services.
    • Quality Control of India (QCI) has been assigned the task to integrate all e-commerce platforms on ONDC.
    • Buyers and Sellers need not use same application for carrying out business transactions.

Significance:

    • It eliminates the need for intermediary to carry out business transaction.
    • It will make e-commerce more inclusive and accessible.
    • Increased Freedom of Choice for consumers.
    • It will standardize operations driving efficiency in logistics and enhancement of value for consumers.
    • It will promote local level products and businesses.
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