{"id":119625,"date":"2024-08-22T23:31:02","date_gmt":"2024-08-22T23:31:02","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/08\/22\/governments-ondc-includes-digital-credit-on-open-network-loans-in-6-minutes-times-of-india\/"},"modified":"2024-08-22T23:31:02","modified_gmt":"2024-08-22T23:31:02","slug":"governments-ondc-includes-digital-credit-on-open-network-loans-in-6-minutes-times-of-india","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/08\/22\/governments-ondc-includes-digital-credit-on-open-network-loans-in-6-minutes-times-of-india\/","title":{"rendered":"Government&#8217;s ONDC includes digital credit on open network, &#8216;loans in 6 minutes&#8217; &#8211; Times of India"},"content":{"rendered":"<div style=\"text-align:center\"><img decoding=\"async\" src=\"https:\/\/i3.wp.com\/static.toiimg.com\/photo\/msid-112720876,imgsize-.cms?ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Government&#8217;s ONDC includes digital credit on open network, &#8216;loans in 6 minutes&#8217; &#8211; Times of India\" title=\"Government&#8217;s ONDC includes digital credit on open network, &#8216;loans in 6 minutes&#8217; &#8211; Times of India\" \/><\/div>\n<div>MUMBAI: <!-- -->Open Network<!-- --> for Digital Commerce, a non-profit entity set up by the <!-- -->commerce ministry<!-- --> and the department of promotion of industry and internal trade, has started facilitating digital credit on the open network. According to <!-- -->ONDC<!-- -->, the new setup will ensure fully digital, paperless loans are available in six minutes.<br \/>Govt set up ONDC to allow small businesses&#8217; access to multiple online channels such as marketplaces, social commerce platforms, and e-commerce sites.ONDC allows any local business that plugs into the network to sell its products through these multiple channels. <\/div>\n<p><script>\nvar _mfq = window._mfq || [];\n_mfq.push([\"setVariable\", \"toi_titan\", window.location.href]);\n!(function(f, b, e, v, n, t, s) {\n    function loadFBEvents(isFBCampaignActive) {\n      if (!isFBCampaignActive) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        if (f.fbq) return;\n        n = f.fbq = function() {\n          n.callMethod ? n.callMethod(...arguments) : n.queue.push(arguments);\n        };\n        if (!f._fbq) f._fbq = n;\n        n.push = n;\n        n.loaded = !0;\n        n.version = '2.0';\n        n.queue = [];\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/connect.facebook.net\/en_US\/fbevents.js', n, t, s);\n      fbq('init', '593671331875494');\n      fbq('track', 'PageView');\n    };\n    function loadGtagEvents(isGoogleCampaignActive) {\n      if (!isGoogleCampaignActive) {\n        return;\n      }\n      var id = document.getElementById('toi-plus-google-campaign');\n      if (id) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        t.id = 'toi-plus-google-campaign';\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/www.googletagmanager.com\/gtag\/js?id=AW-877820074', n, t, s);\n    };\n    function loadSurvicateJs(allowedSurvicateSections = []){\n      const section =  window.location.pathname.split('\/')[1]\n      const isHomePageAllowed = window.location.pathname === '\/' && allowedSurvicateSections.includes('homepage')\n      if(allowedSurvicateSections.includes(section) || isHomePageAllowed){\n        (function(w) {\n         function setAttributes() {\n                    var prime_user_status = window.isPrime ? 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According to ONDC, the new setup will ensure fully digital, paperless loans are available in six minutes.Govt set up ONDC to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":119626,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/static.toiimg.com\/photo\/msid-112720876,imgsize-.cms","fifu_image_alt":"","footnotes":""},"categories":[604],"tags":[289,11823,679,247,12097,1319,273,2070,25174,2867,2537,4472,39,97490,76710,272],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/119625"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=119625"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/119625\/revisions"}],"predecessor-version":[{"id":119627,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/119625\/revisions\/119627"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/119626"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=119625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=119625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=119625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}