Explained | The Open Network for Digital Commerce that's on the anvil for online retailers
The Hindu
The Centre’s initiative is seen as a step towards ending the dominance of platforms such as Amazon and Flipkart, which have been accused by the minister of wielding monopoly power and breaking the law.
Why has the government proposed open sourcing for e-commerce players and how will it impact MNCs like Amazon? The Union government is working on setting up an (ONDC) to “democratise e-commerce” and “to provide alternatives to proprietary e-commerce sites”. Earlier this month, commerce minister Piyush Goyal held a meeting with an expert panel to discuss the matter. The initiative is seen as a step towards ending the dominance of platforms such as Amazon and Flipkart, which have been accused by the minister of wielding monopoly power and breaking the law. Also read:More Related News
According to BACL, the biophilic-inspired business park will offer smart workspaces within a vibrant public realm. The project’s most exceptional and breathtaking attribute lies in the Urban Forest, a lush oasis in the centre of the development. This green space will serve as a focal point, seamlessly blending indoor and outdoor spaces throughout the area. The upcoming metro station in Airport City will provide seamless connectivity to the business park from the northern side, ensuring convenient accessibility.