ONDC to regulate ecom biz

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  • India mulls capping overseas gift to rein in Chinese ecom players

    India mulls capping overseas gift to rein in Chinese ecom players

    Indian government, worried that many of China’s online merchants are in effect abusing this country’s no-cap rule on duty-free gifts, is considering setting an upper limit on the number of overseas gifts any citizen can receive in a year. ​Deepshikha Sikarwar explains.




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    Watch India mulls capping overseas gift to rein in Chinese ecom players With HD Quality

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  • ONDC onboards Tata-backed grocery retailer BigBasket #shortvideo

    ONDC onboards Tata-backed grocery retailer BigBasket #shortvideo



    ONDC onboards Tata-backed grocery retailer BigBasket #shortvideo

    च्या कडून VARINDIA| 134 दृश्ये

  • Over 30,000 merchants unite with ONDC #shortsvideo

    Over 30,000 merchants unite with ONDC #shortsvideo



    Over 30,000 merchants unite with ONDC #shortsvideo

    च्या कडून VARINDIA| 148 दृश्ये

  • ONDC to boost digital consumption to $340 billion by 2030 #shortvideo

    ONDC to boost digital consumption to $340 billion by 2030 #shortvideo



    ONDC to boost digital consumption to $340 billion by 2030 #shortvideo

    च्या कडून VARINDIA| 107 दृश्ये

  • 2000 notes will be deposited and exchanged in banks from today, govts. new e-commerce platform ONDC

    2000 notes will be deposited and exchanged in banks from today, govts. new e-commerce platform ONDC

    #businnessnews #2000note #ondc #bankdeposit #noteexchange #government #rbi #profitandloss #businessgrowth #businessideas #ecommerce #platform #latestnews #breakingnews #news
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    news credit : - preeti adhikari

    2000 notes will be deposited and exchanged in banks from today, govts. new e-commerce platform ONDC

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  • NPCI Bharat BillPay introduces NOCS platform to process ONDC transactions #shorts

    NPCI Bharat BillPay introduces NOCS platform to process ONDC transactions #shorts



    NPCI Bharat BillPay introduces NOCS platform to process ONDC transactions #shorts

    च्या कडून VARINDIA| 138 दृश्ये

  • ONDC is expected to provide better prices to consumers

    ONDC is expected to provide better prices to consumers

    The Open Network for Digital Commerce (ONDC), an open-source e-commerce platform that all online retailers can use, is expected to be launched soon. Someone having a #GooglePay account can send money to another person who uses PhonePe, because both are using the common Unified Payments Interface platform. The government is planning a similar experiment in the e-commerce space, which is currently dominated by Amazon and Flipkart. Open Network for Digital Ecommerce, or #ONDC, promises to provide a playing field to small merchants too. The government plans to democratise e-commerce with Open Network for Digital Commerce and end monopolistic practices in India. ONDC will move Indian ecommerce away from the current platform-centric model. It will do so by making several operational aspects like onboarding of sellers, vendor discovery, price discovery and product cataloguing open source. That will allow more and more traditional retailers to benefit from selling their wares online and compete with large e-commerce firms. All seller and buyer platforms will work through one open protocol and can connect through ONDC. It would provide an open network, and if one has to buy a product, ONDC will show all the options of various platforms for the product, and the consumer can choose what he or she wants.

    With the newer technology ONDC will eventually cover everything from clothes to food delivery to mobility. From what we know so far, the ONDC will mean the creation of a separate digital platform with easier processes for onboarding sellers. So, if a buyer is looking for, say, a white shirt, they will find the products hosted on #Amazon and #Flipkart. And they will also find the white shirt being sold by local shops in their neighbourhood. ONDC is expected to give a leg-up to offline retailers, helping them compete with online sellers, thus boosting hyperlocal deliveries. For sellers, ONDC will mean their products becoming visible on multiple e-commerce websites withou

    च्या कडून VARINDIA| 196 दृश्ये

  • Govt-backed ONDC beats 10,000 daily order mark  #shortsvideo

    Govt-backed ONDC beats 10,000 daily order mark #shortsvideo



    Govt-backed ONDC beats 10,000 daily order mark #shortsvideo

    च्या कडून VARINDIA| 177 दृश्ये

  • ONDC - the next UPI

    ONDC - the next UPI

    The Centre launched Open Network for Digital Commerce (ONDC) in Delhi NCR, Bengaluru, Bhopal, Shillong and Coimbatore in a pilot phase in the month of April.

    ONDC is a freely accessible government-backed platform that aims to democratise e-commerce by moving it from a platform-centric model to an open network for buying and selling of goods and services. ONDC is planned to be active in 75 locations by August, months after running pilots in seven cities.

    The #digitaleconomy has been propelled by a pandemic, which has contributed to the Indian e-commerce sector's current hypergrowth. In order to avoid being infected during the pandemic, people were advised to conduct online transactions. Digital use increased along with the rise of online-only purchasing.

    It is an initiative of the government to promote an open platform for all aspects of the exchange of goods and services through electronic networks. ONDC to become the next Unified Payments Interface (UPI), one of India's most successful digital products. Through this platform, consumers can potentially discover any seller, product or service by using any ONDC-compatible application or platform, thus increasing freedom of choice for consumers.

    The open network concept extends beyond the retail sector, to any digital commerce domains including wholesale, mobility, food delivery, logistics, travel, urban services, etc. It is an opportunity for the startup entrepreneurs to take the UPI, a system that powers multiple bank accounts into a single mobile application, to the world in a "very big way".

    With the usage of ONDC platform, consumers' freedom of choice will increase as a result of the platform's potential for enabling them to find any seller or service by utilising any ONDC-compatible platform or application. ONDC can support business owners engaged in e-commerce, B2B transactions, or direct consumer contact.

    For instance, last wee

    च्या कडून VARINDIA| 86 दृश्ये

पुन्हा खेळा.
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वर प्रकाशित: Jun 28, 2023
166 दृश्ये

#ONDC, is a private non-profit Section 8 company established by the Department for Promotion of Industry and Internal Trade (DPIIT) of Government of India to develop open e-commerce.

It was incorporated on 31 December 2021 with initial investment from Quality Council of India and Protean eGov Technologies Limited, formerly NSDL e-Governance Infrastructure Limited. ONDC is a set of specifications designed to foster open interchange and connections between shoppers, technology platforms, and retailers.

ONDC will unbundle delivery services so that customers can choose their own logistics provider. As many as 20 organisations of national repute have confirmed investments of Rs 255 crore into ONDC. Lenders such as the State Bank of India, UCO Bank, HDFC Bank, ICICI Bank and Bank of Baroda have already committed investments.

The initiative is aimed at suppressing the dominance of Amazon and #Flipkart, which control more than half of the country’s e-commerce trading, limit access to the market, and give preferential treatment to certain sellers and squeeze supplier margins. ONDC is a set of standards for voluntary adoption by sellers or logistics providers or payment gateways.

For example, if both Amazon and Flipkart integrate their platforms with ONDC, a user searching for a Bluetooth headset on Amazon would also see results from Flipkart on the Amazon app. ONDC aims to go beyond retail ecommerce, however, and similarly connect companies in areas such as mobility, food delivery, hotel booking and travel, among others.

On ONDC, there will be several other backend partners such as logistics service providers, enterprise resource planners, e-commerce store hosting service providers, etc.

#Paytm has joined the ONDC platform as a buyer, and Reliance-backed Dunzo is offering logistics services for hyperlocal deliveries. According to the ONDC website, companies like Kotak, PhonePe, Zoho and Snapdeal are in the “advanced stage

#ICICIBank#statebankofindia#bankofbaroda#hdfcbank#UCOBank#Varindia#varindianewshour#OpenNetworkforDigitalCommerce#ONDC#DepartmentforPromotionofIndustryandInternalTrade#eGovTechnologiesLimited#NSDLeGovernanceInfrastructureLimited#TataGroupm


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  • India mulls capping overseas gift to rein in Chinese ecom playersपुढील

    India mulls capping overseas gift to rein in Chinese ecom players

    Indian government, worried that many of China’s online merchants are in effect abusing this country’s no-cap rule on duty-free gifts, is considering setting an upper limit on the number of overseas gifts any citizen can receive in a year. ​Deepshikha Sikarwar explains.




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    Watch India mulls capping overseas gift to rein in Chinese ecom players With HD Quality

    च्या कडून The Economic Times| 261 दृश्ये

  • ONDC onboards Tata-backed grocery retailer BigBasket #shortvideo

    ONDC onboards Tata-backed grocery retailer BigBasket #shortvideo



    ONDC onboards Tata-backed grocery retailer BigBasket #shortvideo

    च्या कडून VARINDIA| 134 दृश्ये

  • Over 30,000 merchants unite with ONDC #shortsvideo

    Over 30,000 merchants unite with ONDC #shortsvideo



    Over 30,000 merchants unite with ONDC #shortsvideo

    च्या कडून VARINDIA| 148 दृश्ये

  • ONDC to boost digital consumption to $340 billion by 2030 #shortvideo

    ONDC to boost digital consumption to $340 billion by 2030 #shortvideo



    ONDC to boost digital consumption to $340 billion by 2030 #shortvideo

    च्या कडून VARINDIA| 107 दृश्ये

  • 2000 notes will be deposited and exchanged in banks from today, govts. new e-commerce platform ONDC

    2000 notes will be deposited and exchanged in banks from today, govts. new e-commerce platform ONDC

    #businnessnews #2000note #ondc #bankdeposit #noteexchange #government #rbi #profitandloss #businessgrowth #businessideas #ecommerce #platform #latestnews #breakingnews #news
    Watch JAN TV Live on https://www.youtube.com/jantvindia/live
    Jan TV is a Satellite TV channel that is broadcasting News & Current Affairs, Entertainment, Education, Agriculture and Social Empowerment and Medical Health related programs. देश दुनिया की लाइव खबरें एवं ब्रेकिंग न्यूज के लिए बने रहें जन टीवी के साथ on Tata Sky DTH channel number 1185 and Airtel DTH channel number 355

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    news credit : - preeti adhikari

    2000 notes will be deposited and exchanged in banks from today, govts. new e-commerce platform ONDC

    च्या कडून JANTV RAJASTHAN| 227 दृश्ये

  • NPCI Bharat BillPay introduces NOCS platform to process ONDC transactions #shorts

    NPCI Bharat BillPay introduces NOCS platform to process ONDC transactions #shorts



    NPCI Bharat BillPay introduces NOCS platform to process ONDC transactions #shorts

    च्या कडून VARINDIA| 138 दृश्ये

  • ONDC is expected to provide better prices to consumers

    ONDC is expected to provide better prices to consumers

    The Open Network for Digital Commerce (ONDC), an open-source e-commerce platform that all online retailers can use, is expected to be launched soon. Someone having a #GooglePay account can send money to another person who uses PhonePe, because both are using the common Unified Payments Interface platform. The government is planning a similar experiment in the e-commerce space, which is currently dominated by Amazon and Flipkart. Open Network for Digital Ecommerce, or #ONDC, promises to provide a playing field to small merchants too. The government plans to democratise e-commerce with Open Network for Digital Commerce and end monopolistic practices in India. ONDC will move Indian ecommerce away from the current platform-centric model. It will do so by making several operational aspects like onboarding of sellers, vendor discovery, price discovery and product cataloguing open source. That will allow more and more traditional retailers to benefit from selling their wares online and compete with large e-commerce firms. All seller and buyer platforms will work through one open protocol and can connect through ONDC. It would provide an open network, and if one has to buy a product, ONDC will show all the options of various platforms for the product, and the consumer can choose what he or she wants.

    With the newer technology ONDC will eventually cover everything from clothes to food delivery to mobility. From what we know so far, the ONDC will mean the creation of a separate digital platform with easier processes for onboarding sellers. So, if a buyer is looking for, say, a white shirt, they will find the products hosted on #Amazon and #Flipkart. And they will also find the white shirt being sold by local shops in their neighbourhood. ONDC is expected to give a leg-up to offline retailers, helping them compete with online sellers, thus boosting hyperlocal deliveries. For sellers, ONDC will mean their products becoming visible on multiple e-commerce websites withou

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  • Govt-backed ONDC beats 10,000 daily order mark  #shortsvideo

    Govt-backed ONDC beats 10,000 daily order mark #shortsvideo



    Govt-backed ONDC beats 10,000 daily order mark #shortsvideo

    च्या कडून VARINDIA| 177 दृश्ये

  • ONDC - the next UPI

    ONDC - the next UPI

    The Centre launched Open Network for Digital Commerce (ONDC) in Delhi NCR, Bengaluru, Bhopal, Shillong and Coimbatore in a pilot phase in the month of April.

    ONDC is a freely accessible government-backed platform that aims to democratise e-commerce by moving it from a platform-centric model to an open network for buying and selling of goods and services. ONDC is planned to be active in 75 locations by August, months after running pilots in seven cities.

    The #digitaleconomy has been propelled by a pandemic, which has contributed to the Indian e-commerce sector's current hypergrowth. In order to avoid being infected during the pandemic, people were advised to conduct online transactions. Digital use increased along with the rise of online-only purchasing.

    It is an initiative of the government to promote an open platform for all aspects of the exchange of goods and services through electronic networks. ONDC to become the next Unified Payments Interface (UPI), one of India's most successful digital products. Through this platform, consumers can potentially discover any seller, product or service by using any ONDC-compatible application or platform, thus increasing freedom of choice for consumers.

    The open network concept extends beyond the retail sector, to any digital commerce domains including wholesale, mobility, food delivery, logistics, travel, urban services, etc. It is an opportunity for the startup entrepreneurs to take the UPI, a system that powers multiple bank accounts into a single mobile application, to the world in a "very big way".

    With the usage of ONDC platform, consumers' freedom of choice will increase as a result of the platform's potential for enabling them to find any seller or service by utilising any ONDC-compatible platform or application. ONDC can support business owners engaged in e-commerce, B2B transactions, or direct consumer contact.

    For instance, last wee

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    · AI-generated source descriptions within the Search Generative Experience: This feature provides original sources and insights from reputable publications, which are accessible through the "More About This Page" section in search results.

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    The Tech Tsunami, characterized by rapid technological advancements, has the potential to drive unprecedented growth and innovation. However, if not harnessed effectively, it could lead to job shrinkage, job displacement and job reduction further leading to increased economic inequality.

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    3:36 Government plans to introduce regulatory sandbox for OTT apps
    4:05 #Microsoft pulling the plug on its metaverse project
    4:33 #HMD Global to manufacture own brand of smartphones in India in 2024
    5:00 #TechMahindra’s CEO designate Mohit Joshi announces restructuring


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    Increasing online Frauds

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    A success story of empowerment with help of NTPC’s CSR initiative.

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