https://www.taxtmi.com/news?id=24607 A private sector led non profit company will be set up to develop and govern ONDC, adopting a start up mindset for population scale deployment while removing profit maximisation incentives to ensure ethical conduct. The entity will build enabling technology, operate foundational digital infrastructure and a common registry, certify participants and agencies, provide grievance redressal, run reference applications for market activation, and supply SME integration tools. It will establish and enforce a code of conduct and network rules based on consumer protection, fair trade and regulatory conformity, and implement trust building and dispute resolution mechanisms. en-us Tue, 26 Oct 2021 14:31:24 +0530 Tue, 26 Oct 2021 14:31:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24607 A private sector led non profit company will be set up to develop and govern ONDC, adopting a start up mindset for population scale deployment while removing profit maximisation incentives to ensure ethical conduct. The entity will build enabling technology, operate foundational digital infrastructure and a common registry, certify participants and agencies, provide grievance redressal, run reference applications for market activation, and supply SME integration tools. It will establish and enforce a code of conduct and network rules based on consumer protection, fair trade and regulatory conformity, and implement trust building and dispute resolution mechanisms. News - Tue, 26 Oct 2021 14:31:24 +0530 https://www.taxtmi.com/news?id=24607