Open Network for Digital Commerce (ONDC) is an initiative by _________.

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SSC GD Constable (2024) Official Paper (Held On: 20 Feb, 2024 Shift 1)
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  1. Ministry of Statistics and Program Implementation
  2. Ministry of Information and Broadcasting
  3. Department for Promotion of Industry and Internal Trade
  4. NITI Aayog

Answer (Detailed Solution Below)

Option 3 : Department for Promotion of Industry and Internal Trade
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The correct answer is Department for Promotion of Industry and Internal Trade

Key Points

  • Open Network for Digital Commerce (ONDC) is an initiative by the Department for Promotion of Industry and Internal Trade (DPIIT).
  • ONDC aims to promote open networks developed on open-sourced methodology, using open specifications and open network protocols, independent of any specific platform.
  • The initiative is aimed at democratizing digital commerce and moving it away from platform-centric models to an open-network model.
  • ONDC will help small retailers and merchants to access a much larger market, thereby enhancing their business opportunities.

Additional Information

  • Department for Promotion of Industry and Internal Trade (DPIIT) functions under the Ministry of Commerce and Industry.
  • DPIIT is responsible for the formulation and implementation of promotional and developmental measures for the growth of the industrial sector, keeping in view the national priorities and socio-economic objectives.
  • It is also responsible for the overall industrial policy, facilitating and increasing investments in the manufacturing sector, and promoting ease of doing business.
  • The ONDC initiative is part of the broader aim to enhance digital inclusion and create a level playing field for all stakeholders in the digital commerce ecosystem.
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