ONDC News

According to the ONDC, over 150 workshops will be held across tier 2 and 3 cities, targeting key MSME clusters, with special attention to women and SC/ST-led enterprises. 

The Ministry of MSME recently launched a sub-scheme “MSME Trade Enablement and Marketing Initiative” (MSME-TEAM Initiative), which aims at assisting five lakh MSMEs to onboard the ONDC platform. 

ONDC is projected to surpass 10 million transactions in June which includes both mobility and retail and marks a fivefold growth year-on-year.

ISKCON has partnered with homegrown logistics platform Shiprocket to deliver the Prasad to devotees and seekers across the nation.

The Tata Neu app offers food options, displaying menus from restaurants within the Tata Group such as Taj.

Chennai Metro Rail has become the first metro service to be included in the ONDC Network.

Under ONDC, a buyer places an order with an e-commerce platform, which itself procures that consignment from another e-commerce platform.

Across the world, small businesses struggle to access credit and tap into formal financial markets. In India specifically, the micro small & medium enterprises (MSME) credit gap, which is the credit demand that is unmet by the financial system.

Open Network for Digital Commerce (ONDC) is a unified payments interface-type protocol 

He said that the idea of the ONDC (Open Network for Digital Commerce) is that small retailers should be protected. Further, he suggested a five-point action plan for IIT students to unleash India's golden era.