Commerce ink MoU with YES Bank
Kohima, 7 March (MTNews): The Department of Industries & Commerce, Government of Nagaland, the nodal department for promoting and advancing the successful implementation of the Open Network for Digital Commerce (ONDC) initiative within the state, entered into a Memorandum of Understanding with YES Bank and Sellmetric Pvt. Limited on 7 March 2024 at the Directorate of Industries & Commerce, Kohima.
Open Network For Digital Commerce(ONDC) is a flagship initiative of the Department for Promotion of Industry & Internal Trade (DPIIT) under the Ministry of Commerce & Industry to democratize e-commerce. The primary aim of this tripartite agreement is to collaborate in facilitating digital sales for small businesses, farmers, entrepreneurs, etc., through the ONDC platform, which is a new initiative backed by the Government of India.
Present at the MoU signing were Commissioner & Secretary, Industries & Commerce, Kekhrievor Kevichusa; Director, Industries & Commerce, A Temjen Jamir; and Additional Director, Industries & Commerce, Y Lipongse Thongtsar from the department, while Nitin Kuchhal, Executive Vice President, Digital Banking Sales, and Priyanku Sharma, Vice President, Digital Banking Sales, represented YES Bank.