GS3 · 10 marks · 150 words
Digital commerce is reshaping the global business environment, but its potential is marred by anti-competitive practices, supply chain gaps and limited participation from MSMEs. Discuss the statement and highlight the role of Open Network Digital Commerce (ONDC) in democratizing e-commerce sector.
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Syllabus: Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth.
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Liberalisation's effects on industrial growth, MSMEs, PLI and other industrial policy, manufacturing share, ease of doing business.
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