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 outlets and neighbourhood shops and the Open Community for Digital Commerce (ONDC) will assist small merchants reap the benefits of the digital world.
The minister additionally hit out at a number of the practices, reminiscent of preferential therapy to sure sellers the place e-commerce gamers reminiscent of Amazon and Flipkart held stake, and stated that a number of features 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 — can even assist customers make higher decisions, whereas offering an equal alternative to conventional retailers. Goyal stated that the existence of small retailers might have come below risk as was the case in international locations such because the US, the place e-commerce giants have adversely impacted retail outlets, resulting in lack of livelihood. “We are not looking for that to occur in India.
We would like them (small retailers) to get a possibility to make use of know-how to serve our customers, we wish them to get an equal alternative to benefit from the fruits of the digital world, we wish their knowledge to be protected,” he instructed reporters. ONDC is a set of protocols and a technology-based resolution which permits everyone to commerce on a typical platform, he stated. Goyal additionally stated that the Authorities e-Market (GeM) offered alternatives to small companies to take part in authorities procurement.

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