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

Question

Question

This question was previously asked in

SSC GD Constable (2024) Official Paper (Held On: 20 Feb, 2024 Shift 1)

Answer 1

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.