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OPEN NETWORK FOR DIGITAL COMMERCE (ONDC)

Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry has initiated a project on Open Network for Digital Commerce (ONDC). The task has been assigned to Quality Council of India (QCI). ONDC aims at promoting open networks developed on open sourced methodology, using open specifications and open network protocols independent of any specific platform. ONDC is expected to digitize the entire value chain, standardize operations, promote inclusion of suppliers, derive efficiencies in logistics and enhance value for consumers.
  • The task has been assigned to Quality Council of India (QCI).
  • ONDC aims at promoting open networks developed on open sourced methodology, using open specifications and open network protocols independent of any specific platform.
  • ONDC is expected to digitize the entire value chain, standardize operations, promote inclusion of suppliers, derive efficiencies in logistics and enhance value for consumers.
  • An advisory council has been constituted to advise the Government on measures needed to design and accelerate adoption of ONDC. Additional Secretary (ITeC),DPIIT shall be the convenor of the Advisory Council.

What is the meaning and significance of making something open-source?

Making a software or a process open-source means that the code or the steps of that process is made available freely for others to use, redistribute and modify it. For example, while the operating system of Apple’s iPhones — iOS — is closed source, meaning it cannot be legally modified or reverse engineered, Google’s Android operating system is open-source, and therefore it is possible by smartphone OEMs such as Samsung, Xiaomi, OnePlus, etc to modify it for their hardware. If the ONDC gets implemented and mandated, it would mean that all e-commerce companies will have to operate using the same processes. This could give a huge booster shot to smaller online retailers and new entrants

 

Tags: Current Affairs, Economics

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