Government Policies

  During Covid 2019, government authorities found that digital commerce is really important. Hence the need to make the online commerce affordable and available to all came into picture. This is not a regulatory body by government. It is a facilitator to allow online buying and selling of products and is completely decentralised. There are various incentives for buyers and sellers.Currently 3 incentives are active- Program 1: Discount for Buyers for transactions Program 2: Subsidised Delivery Cost for Buyers Program 3: Incentive for Buyer Apps for demand generation Program 4: Incentive for Sellers for demand generation and fulfillment Program 5: Incentive for Seller Apps for seller onboarding As one can see two incentives have been removed, for further info. on these please visit https://ondc.org .  Four main components on this network are- 1.Buyer App responsible for creating demand and onboarding of customers. 2. Seller App responsible for fulfilling demand being generated ...

  A scheme by government for local vendors wherein they are eligible for 10.000 of loan. They will get this amount quarterly. A subsidy of 7% on interest. After covid this step has been taken to revive rojgaar of street vendors. This came into existence after 2019. Street vendors constitute a lot of economic activists - be it roadside ration shops, street food, vegetable and fruit hawkers or juice vendors. There is a time period for repayment of this loan which is around an year.

  5G hardwares are into market. Most of the phones are now having 5G compatibility. When it comes to 5G then network includes a Radio unit and some Data Units. One can control the data units directly from radio units. The towers are having these RU mounted which can be managed through a web platform. Major players in this field are Keysight, Solid, Comba, Wavelabs, Cirrus and more. Indigenous 5G enabled phone Optimus is in the market at cost of 20,000 . Other phones by major private players are also in the market like Samsung, Apple and more. Apart from better connection, 5G gives increased bandwidth boost when required eg. ambulance. Many companies have come out with 5G in India like Airtel, Jio, etc. Currently bands supported in India will be SA/NSA/Sub6 .SA stands for Stand Alone and companies like Ericsson are working on it to deliver high throughput and low latency.It has high utility in live streaming as well. Metaverse will need 5G as data to be transferred will ...