Govt unveils Rs 277 Cr TEAM initiative to integrate MSMEs with ONDC

The Indian government has launched a Rs. 277 crore initiative to support MSMEs (Micro, Small, and Medium Enterprises) and enhance their participation in the ONDC (Open Network for Digital Commerce) ecosystem. The initiative aims to provide MSMEs with the resources and tools needed to thrive in the digital economy, including training, digital infrastructure, and market access. By integrating MSMEs into the ONDC network, the government seeks to foster inclusivity and empower small businesses to compete in the digital space. This move is part of a broader effort to enhance the competitiveness of India’s MSME sector and drive economic growth through digital transformation.