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Communication Masterclass: https://thethinkschool.com/checkouts/communication-masterclass/ VIDEO INTRODUCTION: On 8th May 2022, the govt of India launched a pilot phase of something called the Open Network for Digital Commerce(ONDC), which is a freely accessible online system for traders and consumers. and the reason why this is very very important is because the govt intends to breakdown the digital monopolies and Duopolies of Giant tech companies like Amazon, Flipkart, Zomato and other companies!! On one side, while a legend like Nandan Nilkani is associated with it, on the other side, Anand Mahindra himself had all praises for the ONDC initiative, this is expected to be as revolutionary as UPI itself!! So keeping aside all the hype, in this episode today,  Let's try to understand What are the major problems in the market that promoted the govt to launch the Open network for Digital commerce? How will it promote small sellers and businesses against the giant companies in the market??? and what are the most difficult hurdles that could turn this very same initiative into a flop project?? Check out Think School's Online courses: 1. Learn how to communicate ideas like us: https://www.thethinkschool.in/communication-masterclass-ts/ 2. Land your dream jobs: https://linkedinmasterclass.thethinkschool.com/yt 3. Create a Perfect Resume in less than 90 minutes: https://www.thethinkschool.in/resume-building-masterclass/ Study materials https://www.reuters.com/investigates/special-report/amazon-india-rigging/ https://www.reuters.com/article/india-ecommerce-explainer-idINKCN1PP1XS https://www.thehindubusinessline.com/business-laws/ondc-pathbreaking-but-some-unanswered-questions/article65440600.ece Want to buy the equipment we use? 1. Our Laptop: https://amzn.to/3z66odv 2. Our Mic: https://amzn.to/3liQQyi 3. Camera Stand: https://amzn.to/3z8l3ov 4. Mobile holder for stand: https://amzn.to/3xgCF25 5. Laptop: https://amzn.to/3gMYXRi #thinkschool Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost. Fair use - This video is for educational purposes only. All materials used in this video, including images, audio, and video clips, are the property of their respective owners and are used here under the doctrine of fair use. This video is intended to provide commentary, criticism, research, and education on the subject matter. We believe this constitutes a fair use of any such copyrighted material as provided for in Section 107 of the US Copyright Law.

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