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Blog / 07 Jul 2021

(Video) Rajya Sabha TV (RSTV) The Big Picture: Open Network for Digital Commerce

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(Video) Rajya Sabha TV (RSTV) The Big Picture: Open Network for Digital Commerce

Topic: Open Network for Digital Commerce

Guest:

  • Arvind Gupta, (Head and Co-Founder, Digital India Foundation)
  • Surabhi Agarwal, (Senior Assistant Editor, The Economic Times)

Topic Description:

Moving ahead with its plans to make e-commerce processes open source and curbing digital monopolies, the government on Monday appointed an advisory council to to design and accelerate the adoption of open network for digital commerce.

The nine-member panel includes National Health Authority CEO RS Sharma, Infosys non-executive chairman Nandan Nilekani, Quality Council of India Chairman Adil Zainulbhai, Co-founder & Head of Digital India Foundation Arvind Gupta, and MD & CEO of National Payments Corporation of India Dilip Asbe among others…

Through the open network for digital commerce – ONDC - the government is looking to standardise protocols for onboarding stakeholders such as sellers on e-marketplaces.

Currently, different e-marketplaces have different set of rules, which at times make it difficult for small traders and suppliers to adopt.

The move by the government is the latest in a series of changes announced or being planned to be rolled out by the government for the e-commerce sector.

So what changes will the open network for digital commerce bring about? What are its aims and objectives? How significant a move it is towards streamlining the country’s e-commerce ecosystem?

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Courtesy: RSTV