{"id":243406,"date":"2023-05-22T20:39:12","date_gmt":"2023-05-22T15:09:12","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=243406"},"modified":"2023-05-22T20:39:12","modified_gmt":"2023-05-22T15:09:12","slug":"what-is-the-open-network-for-digital-commerce","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/what-is-the-open-network-for-digital-commerce\/","title":{"rendered":"What is the \u2018Open Network for Digital Commerce\u2019?"},"content":{"rendered":"\n<p><b>Source: <\/b><span style=\"font-weight: 400;\">The post is based on the article <\/span><b>\u201cWhat is the \u2018Open Network for Digital Commerce\u2019?\u201d <\/b><span style=\"font-weight: 400;\">published in<\/span><b> The Hindu <\/b>on <b>22nd May 2023<\/b><\/p>\n<h2><b>What is the News?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The Union government is looking to formally launch the <strong>Open Network for Digital Commerce (ONDC)<\/strong> in 2023 to \u201cdemocratize e-commerce\u201d and \u201cto provide alternatives to proprietary e-commerce sites\u201d.\u00a0<\/span><\/p>\n<h2><b>What is Open Network for Digital Commerce(ONDC)?<\/b><\/h2>\n<table style=\"border-collapse: collapse; width: 100%;\">\n<tbody>\n<tr>\n<td style=\"width: 100%;\"><strong>Read here: <a href=\"https:\/\/forumias.com\/blog\/open-network-for-digital-commerce\/\">Open Network for Digital Commerce (ONDC)<\/a><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><b>What is the purpose of launching ONDC?<\/b><\/h2>\n<table style=\"border-collapse: collapse; width: 100%;\">\n<tbody>\n<tr>\n<td style=\"width: 100%;\"><strong>Must read: <a href=\"https:\/\/forumias.com\/blog\/open-network-for-digital-commerce-ondc\/\">Open Network For Digital Commerce (ONDC) \u2013 Explained, pointwise<\/a><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><b>What is the criticism against ONDC?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Critics argue that the purported benefits of an ONDC are far from certain at the moment.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For one, sellers are already free to list their products across various e-commerce platforms even in today\u2019s platform-centric e-commerce model. Buyers also routinely shop across platforms.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Then there are also services such as price comparison that are offered by various private websites that bridge the information gap and help buyers make better decisions.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Hence, the domination of the e-commerce market by platforms such as Amazon and Flipkart may not be due to any captive hold that these platforms have over buyers and sellers.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: The post is based on the article \u201cWhat is the \u2018Open Network for Digital Commerce\u2019?\u201d published in The Hindu on 22nd May 2023 What is the News? The Union government is looking to formally launch the Open Network for Digital Commerce (ONDC) in 2023 to \u201cdemocratize e-commerce\u201d and \u201cto provide alternatives to proprietary e-commerce&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/what-is-the-open-network-for-digital-commerce\/\">Continue reading <span class=\"screen-reader-text\">What is the \u2018Open Network for Digital Commerce\u2019?<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,9],"tags":[10498],"class_list":["post-243406","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","category-public","tag-the-hindu","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/243406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=243406"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/243406\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=243406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=243406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=243406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}