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BharatMarket

Topics Covered: Important aspects of governance, transparency and accountability, e-governance- applications, models, successes, limitations, and potential.

BharatMarket

What to study?

For Prelims and Mains: Key features and significance of the platform.

Context: Traders’ body Confederation of All India Traders (CAIT) will soon launch a national e-commerce marketplace ‘bharatmarket’ for all retail traders in collaboration with several technology partners.

About BharatMarket:

  • The marketplace will integrate capabilities of various technology companies to provide end-to-end services in the logistics and supply chains from manufacturers to end consumers, including deliveries at home.
  • The e-commerce portal will include a nationwide participation by retailers.
  • This endeavour aims to bring 95 per cent of retail traders onboard the platform, who will be the shareholders and the portal will be run exclusively by the traders.

Sources: AIR.