ONDC has completely automated grievance redressal system: CEO T Koshy

ONDC is an initiative of the commerce and industry ministry to create a facilitative model to help small retailers take advantage of digital commerce.

ONDC
It is not an application, platform, intermediary or software but a set of specifications designed to foster open, unbundled, and interoperable open networks
Press Trust of India New Delhi
1 min read Last Updated : Jun 27 2023 | 1:52 PM IST

The government-promoted Open Network for Digital Commerce has a completely automated grievance redressal system and an online resolution mechanism is also being enabled, ONDC CEO T Koshy said on Tuesday.

ONDC is an initiative of the commerce and industry ministry to create a facilitative model to help small retailers take advantage of digital commerce.

It is not an application, platform, intermediary or software but a set of specifications designed to foster open, unbundled, and interoperable open networks.

"Just like ONDC enables searching for a product and buying for a product... it also enables (filing of) complaints. The complaints seamlessly go through from the buying side to the selling side... In addition to the completely automated grievance redressal... we are also enabling an online dispute redressal system," Koshy said here at industry body CII's MSME Growth Summit.

Incorporated on December 31, 2021, ONDC is a Section 8 company.

He also said that ONDC has made significant strides in the last few months as sellers and service providers on the network have increased to more than one lakh and the network participants have increased to more than 50.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Indian ecommerceE-comm market

First Published: Jun 27 2023 | 1:52 PM IST

Next Story