ONDC Achieves Milestone 7 Lakh Sellers Onboarded, Says Piyush Goyal
Commerce Minister Piyush Goyal recently announced that more than 7 lakh sellers and service providers have joined the Open Network for Digital Commerce (ONDC). Taking to the social media platform X, he highlighted that these sellers represent over 600 cities and towns across India.
ONDC
The state-backed ONDC has successfully processed over 15 crore transactions, showcasing its growing impact on India's digital commerce ecosystem. Additionally, the network has attracted 200 active participants, including sellers, buyers, and service providers, contributing to its robust and diverse digital marketplace.
Piyush Goyal emphasized that the ONDC initiative, launched by the Modi government in 2021, aims to democratize e-commerce in India. By doing so, it seeks to empower small and medium businesses, enabling them to compete on an equal footing with large corporations in the digital space. The platform's open network ensures transparency, inclusivity, and fair competition, fostering trust among stakeholders.
Enhancing Digital Literacy
The initiative aligns with the government's vision of enhancing digital literacy and boosting India's digital economy. By providing a unified platform for sellers and buyers, ONDC is bridging the gap between urban and rural markets, unlocking new opportunities for businesses in smaller towns and cities.
With its rapid growth and adoption, ONDC is set to revolutionize the e-commerce landscape in India, making digital commerce more accessible and equitable for all. The government's continuous efforts to strengthen this initiative highlight its commitment to supporting local businesses and fostering economic growth.
Commerce Minister Post
Commerce Minister Piyush Goyal has recently made a big announcement. In this announcement, he has said that more than 7 lakh sellers and service providers have joined the Open Network for Digital Commerce ONDC. On the social media platform X, he has written that these sellers represent more than 600 cities and towns across India and this is a good thing for today's young generation.