Government schemes
What is ONDC?
ONDC is a non-profit network (Section 8 company) run by the Ministry of Commerce and Industry (DPIIT initiative), launched in 2021.
The detail
| Ministry | Commerce and Industry (DPIIT initiative) |
|---|---|
| Launched | 2021 |
| Type | non-profit network (Section 8 company) |
| Funding | Not a government scheme; a network company promoted by DPIIT with institutional shareholders |
| Aim | Open, interoperable protocol for e-commerce to unbundle buyer and seller platforms |
Commonly confused: ONDC is a Section 8 company, not a statutory body or a government platform.
Source: en.wikipedia.org/wiki/Open_Network_for_Digital_Commerce
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