Open Network for Digital Commerce(ONDC):
-
ONDC is being designed to curb the monopolistic tendencies of e-commerce platforms.
-
It brings together all of India’s E-commerce marketplaces on a single network on the lines of Unified Payments Interface(UPI).
-
It will do this by promoting open networks developed on open-sourced methodology using open specifications and open network protocols, independent of any specific platform.
-
Impact: This is expected to digitise the entire value chain, standardise operations, promote inclusion of suppliers, derive efficiency in logistics, and enhance value for consumers.
-
Nodal Body: The task of this project has been assigned to the Quality Council of India(QCI).