CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Name the e-commerce portal which the Union Government is planning to launch for MSME’s for marketing and selling their products.
A
Sales Craft
B
Bharat Craft
C
Marketing Craft
D
Kranti Kraft
Explanation: 

Detailed explanation-1: -Union Government is planning to launch an e-commerce portal named Bharatcraft for MSME’s. The portal is based on other e-commerce portals like ‘Alibaba’ and ‘Amazon’.

Detailed explanation-2: -ONDC, which is based on open specifications, will boost small merchant digitisation and e-commerce scale, and will reduce dominance of big players such as Amazon and Walmart-backed Flipkart. It is an initiative of the Ministry of Commerce and Industry.

Detailed explanation-3: -“GeM is the best portal as it allows transaction with transparency and is making the system corruption free.” “Scope of this initiative of Government of India is massive as this is the largest e-commerce portal for procurement for buyers. GeM is a strong pillar in Prime Minister’s dream of Digital India.”

Detailed explanation-4: -Bharat Craft, a project drawn up by the MSME ministry back in 2019, was envisaged as a platform for rural and tribal businesses to showcase their products online.

There is 1 question to complete.