ONDC contributed to empowering small businesses and revolutionising e-commerce, praises Narendra Modi
Indian Prime Minister Narendra Modi on Thursday appreciated the role played by Open Network for Digital Commerce (ONDC) in empowering small businesses and revolutionising e-commerce in the country.
Modi said the body will play a major role in furthering growth and prosperity in the sectors.
"ONDC has contributed to empowering small businesses and revolutionising e-commerce, thus playing a vital role in furthering growth and prosperity," he said.
What is ONDC?
ONDC (Open Network for Digital Commerce) is another tech-based initiative to transform the way e-commerce functions in the country by enabling e-commerce through an open protocol based on open-source specifications.
"The initiative will not only facilitate the rapid adoption of e-commerce but also boost and strengthen the growth of startups in India By facilitating scalable and cost-effective e-commerce through the open protocol, ONDC will empower startups to grow collaboratively," read the ONDC website.