Syllabus: GS-III;
Subject: Economic Development;
Issue: Integration of e_NAM with ONDC.
- Integration aims to benefit buyers, and sellers, and bolster resilience against market disruptions.
- It could empower farmer-producer organizations (FPOs) to trade seamlessly across platforms.
- Key contributors: mobility, food, and grocery, with expansion into fashion, and electronics.
- Efforts to on-board SMEs, and rural sellers for inclusive economic participation.
Conclusion:
- Integration signifies a pivotal step in streamlining agricultural trade and advancing India’s digital economy.
Take Away Notes (Prelims)e-NAM (Electronic National Agriculture Market):
·        Online trading platform linking Agricultural Produce Market Committees (APMC) mandi nationwide. ·        Aims to establish a unified market for agricultural commodities, facilitating electronic sales for farmers. ·        Participating states provide e-NAM software free of cost. ONDC (Open Network for Digital Commerce): ·        A government initiative in India aimed at creating a unified digital commerce platform. ·        It promotes openness, interoperability, and data security while empowering MSMEs. Its goal is to revolutionize digital commerce, fostering innovation and inclusive growth. |