CURRENT AFFAIRS

Detailed explanation-1: -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 today. This was a hybrid event with the physical event held at the Bombay Stock Exchange in Fort, Mumbai.

Detailed explanation-2: -Notes: Union Minister Piyush Goyal has virtually kicked off a three-day Grand Hackathon that the Open Network for Digital Commerce (ONDC) is hosting in association with NABARD.

Detailed explanation-3: -About Grand Hackathon It is subdivided into two categories viz., Agri Grant Challenge and Agri Innovation Hackathon. Agri Innovation Hackathon will showcase the innovation for aiding the adoption of eCommerce in agricultural sector.

Detailed explanation-4: -It also aims to promote development of innovative solutions that are likely to aid adoption of e-commerce in the agriculture domain. ONDC CEO T Koshy told ET, for the NABARD - ONDC hackathon, they have more than 400 entities registered, out of whom around 250 are agri-tech startups while 150 are non-agri tech startups.