Q. Open Network Digital Commerce (ONDC) portal, recently seen in the news, is launched by which ministry?
Answer:
Ministry of Commerce and Industry
Notes: The Centre has integrated 11 fair price shops into the Open Network Digital Commerce (ONDC), an initiative by DPIIT under the Ministry of Commerce and Industry. ONDC, an open-source network, facilitates transactions across various sectors, promoting local commerce and supporting small enterprises. Aimed at breaking digital monopolies, it democratizes electronic commerce, offering small retailers nationwide exposure. The system standardizes operations and is expected to digitize the entire value chain, fostering inclusivity and efficiency.