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02/07/22 05:37 AM IST

Grand Hackathon” on Agriculture domain

In News 
  • A three-day “Grand Hackathon” organized by the Open Network for Digital Commerce (ONDC) in collaboration with NABARD, has been launched virtually by Union Minister Piyush Goyal.
About Hackathon 
  • The “Grand Hackathon”, is subdivided into two categories; Agri Grant Challenge and Agri Innovation Hackathon that will showcase the innovations to aid the adoption of eCommerce in the agricultural sector.
  • The focus of this event is on the agricultural domain, solving for agri domain needs that will help tap its unexplored potential and benefit the farming community and Agri ecosystem and help state governments realise their goal of promoting their local agricultural products at a national level.
  • It plans to bring various agricultural stakeholders, including individuals, organisations and promising start-ups, onto one accelerator activity.
ONDC 
  • ONDC is a Government of India initiative that aims to build an open network for buyers and sellers to democratise the current e-commerce ecosystem in the country.
  • It is also very crucial in democratizing the agri-value chain and ensuring the digital transformation of agri sector, as was stated by Shri Goyal. With active support from NABARD, ONDC will be able to on-board the entire farm value chain, bring them on to e-commerce, particularly the FPOs, mandis, processors, exporters, MSMEs and the small retailers.
Source- PIB 

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