Infosys co-founder and chairman Nandan Nilekani will join the Central Government panel as an advisor, along with eight other members, to accelerate the development of an open network for digital commerce (ONDC), designed to curb digital monopolies. The Department of Promotion of Industry and Internal Trade (DPIIT) has initiated a project on ONDC and the task has been assigned to the Quality Council of India (QCI). The nine-member committee aims to, among other things, promote open networks and digitise value chains, and enhance value for consumers, an official release said. "ONDC is expected to digitise the entire value chain, standardise operations, promote inclusion of suppliers, derive efficiencies in logistics, and enhance value for consumers," it added. Subscribe to Mint Newsletters * Enter a valid email * Thank you for subscribing to our newsletter.

Source: Mint July 05, 2021 14:35 UTC