Advisory Council for Open Network for Digital Commerce (ONDC)
Source : Indian Express
Government Policies
What is discuss under Advisory Council for Open Network for Digital Commerce (ONDC) ?
- About the Panel
- Need and impact for Advisory Council
- What is Open Network for Digital Commerce ?
Why in News ?
Department for Promotion of Industry and Internal Trade (DPIIT) Ministry of Commerce and Industry has initiated a project on Open Network for Digital Commerce (ONDC).
Key Facts
- The task has been assigned to Quality Council of India (QCI).
Photo by Karolina Grabowska from Pexels - ONDC aims at promoting open networks developed on open sourced methodology using open specifications and open network protocols independent of any specific platform.
- ONDC is expected to digitize the entire value chain, standardize operations, promote inclusion of suppliers, derive efficiencies in logistics and enhance value for consumers.
- An advisory council has been constituted to advise the Government on measures needed to design and accelerate adoption of ONDC.
- Set up a nine-member panel.
- It including National Health Authority chief executive and Infosys chairman.
- To suggest measures to design an open network for digital commerce (ONDC) that aims to curb monopolistic tendencies of e-commerce platforms, among others.
- Need and impact for Advisory Council
- Currently, different e-marketplaces have different set of rules, which at times make it difficult for small traders and suppliers to adopt.
- Already the government’s draft e-commerce policy under the consumer protection Act.
- Could tighten the norms that could force e-commerce platform to restructure their existing marketing tie-ups.
What is Open Network for Digital Commerce ?
- Open source means that the code or the steps of that process is made available freely for others to use redistribute and modify it.
- ONDC gets implemented and mandated, it would mean that all e-commerce companies will have to operate using the same processes.
- This could give a huge booster shot to smaller online retailers and new entrants.
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