Centre requests DPIIT to develop an ONDC-compliant tool for local businesses

Share via:

In a recent Rajya Sabha meeting, the Parliamentary Standing Committee requested that the Department for Promotion of Industry and Internal Trade (DPIIT) develop a strategy to assist small businesses in developing a technical tool that is compatible with ONDC’s protocols.

The ONDC will be moving closer to the Centre’s goals of onboarding small homegrown businesses, according to the standing committee. According to the Business Standard report, the committee stated that the DPIIT’s ONDC initiative is ambitious and revolutionary in a report titled “Promotion and Regulation of E-Commerce in India.” Furthermore, it identified flaws such as onboarding of existing ecommerce and compatibility as well as interoperability of existing buyer and seller apps that must be addressed in order for ONDC to be a successful initiative.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Centre requests DPIIT to develop an ONDC-compliant tool for local businesses

In a recent Rajya Sabha meeting, the Parliamentary Standing Committee requested that the Department for Promotion of Industry and Internal Trade (DPIIT) develop a strategy to assist small businesses in developing a technical tool that is compatible with ONDC’s protocols.

The ONDC will be moving closer to the Centre’s goals of onboarding small homegrown businesses, according to the standing committee. According to the Business Standard report, the committee stated that the DPIIT’s ONDC initiative is ambitious and revolutionary in a report titled “Promotion and Regulation of E-Commerce in India.” Furthermore, it identified flaws such as onboarding of existing ecommerce and compatibility as well as interoperability of existing buyer and seller apps that must be addressed in order for ONDC to be a successful initiative.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Algorand causes a stir with new ad bashing Bitcoin,...

The Algorand Foundation’s latest ad takes a swipe...

Rustom Kerawalla’s VIBGYOR group of schools students shine bright...

New Delhi (India), May 23: The result season...

EmergeTech Multicity Roadshow 2024 – Mumbai Chapter: A Resounding...

EmergeTech 2024 Highlights: The event kicked off with a...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!