ONDC

ONDC

Subject: Economy

Context:  Union Minister of Commerce & Industry Shri Piyush Goyal today chaired a meeting for the review of the Open Network for Digital Commerce (ONDC) initiative of DPIIT.

Concept:

• Open Network for Digital Commerce christened ONDC is globally first-of-its-kind initiative that aims to democratise Digital Commerce, moving it from a platform-centric model to an open-network.
• ONDC is   for e-commerce in India. ONDC will enable, buyers and sellers to be digitally visible and transact through an open network, no matter what platform/application they use.
• ONDC will empower merchants and consumers by breaking silos to form a single network to drive innovation and scale, transforming all businesses from retail goods, food to mobility
• The ONDC is a project of the DPIIT, implementation is assigned to the Quality Council of India (QCI)
• ONDC is expected to digitise the entire value chain, standardise operations, promote inclusion of suppliers, derive efficiency in logistics and enhance value for consumers.
• Open Network for Digital Commerce (ONDC) project that is aimed at curbing “digital monopolies”. This is a step in the direction of making e-commerce processes open source, thus creating a platform that can be utilised by all online retailers
• It is expected to digitise the entire value chain, standardise operations, promote inclusion of suppliers, derive efficiency in logistics and enhance value for consumers.

ONDC shall take all measures to ensure confidentiality & privacy of data in the network

• ONDC shall not mandate sharing of any transaction-level data by participants with ONDC.
• ONDC will work with its participants to publish anonymised aggregate metrics on network performance without compromising on confidentiality and privacy
• ONDC will be compliant with the Information Technology Act, 2000 and designed for compliance with the emerging Personal Data Protection Bill.