Google search engine
HomeBusinessONDC to help small traders gain from digital world: Goyal - Times...

ONDC to help small traders gain from digital world: Goyal – Times of India

NEW DELHI: Commerce and business minister Piyush Goyal on Friday stated that the federal government didn’t need to let e-commerce and enormous format retail wipe out nook retailers and neighbourhood shops and the Open Network for Digital Commerce (ONDC) will help small traders take benefit of the digital world.
The minister additionally hit out at some of the practices, akin to preferential therapy to sure sellers the place e-commerce gamers akin to Amazon and Flipkart held stake, and stated that a number of facets had been being investigated by the ED. He additionally alleged that these practices led to exploitation of sellers on these platforms. Goyal stated that ONDC — which started a take a look at run — may even help shoppers make higher selections, whereas offering an equal alternative to conventional retailers. Goyal stated that the existence of small retailers might have come beneath risk as was the case in nations such because the US, the place e-commerce giants have adversely impacted retail retailers, main to loss of livelihood. “We do not want that to happen in India.
We want them (small retailers) to get an opportunity to use technology to serve our consumers, we want them to get an equal opportunity to enjoy the fruits of the digital world, we want their data to be protected,” he informed reporters. ONDC is a set of protocols and a expertise-primarily based resolution which permits all people to commerce on a standard platform, he stated. Goyal additionally stated that the Government e-Marketplace (GeM) offered alternatives to small companies to take part in authorities procurement.

Source hyperlink



Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments

English हिन्दी
%d bloggers like this: