ONDC a ‘game-changer’ in democratising e-commerce business: Piyush Goyal

Union Commerce and Industry Minister Piyush Goyal on Friday exuded confidence that the Open Network for Digital Commerce (ONDC), a Unified Payments Interface-type protocol, would democratise the e-commerce businesses by onboarding six crore small retailers.

Addressing reporters here, Goyal said, The ONDC has that ability to transform the e-commerce sector not only in India, but also in the whole world because, like UPI, it will democratise or make e-commerce available to the common man and connect the 60 million or six crore small retailers all over the country.” The ONDC was launched in five cities in April.

The ONDC will offer small retailers an opportunity to provide their services, goods, products to the buyers across the country through an e-commerce system,