Government launches National Mission on Government eMarketplace

Union Ministry of Commerce & Industry has launched National Mission on Government eMarketplace (GeM) for increasing awareness and accelerating use of GeM by major central Ministries, State Governments and their agencies. GeM provides online, end to end solution for procurement of commonly used goods and services for all Central Government Departments and State Governments. Public Sector Units and affiliated bodies

National Mission on GeM

The mission aims to promote inclusiveness, transparency and efficiency in public procurement and achieve cashless, contactless and paperless transaction. This will help to increase overall efficiency and lead to cost saving on government expenditure in procurement.
It will cover all central government departments, states and public sector undertakings in mission mode. It will create awareness about GeM, train buyers and sellers, get them registered in GeM and increase procurement through GeM. It will also promote inclusiveness by empowering various categories of sellers and service providers such as MSMEs, start-ups, domestic manufacturers, women entrepreneurs, and Self-Help Groups.
It will also highlight value addition via transparency and efficiency in public procurement, including corruption-free governance in sync with Central Government’s objective of ‘Minimum Government, Maximum Governance’.

Government eMarketplace (GeM)

It is an online marketplace to facilitate procurement of goods and services by various Ministries and agencies of the Government. The platform offers online, end to end solution for procurement of commonly used goods and services for all central government departments and state governments, public sector units and affiliated bodies. It aims to enhance transparency, efficiency and speed in public procurement of goods and services and eliminate corruption.  It was launched in August 2018 and so far it has crossed Rs 10,800 crore in terms of value and 6.96 lakh in terms of volume of transactions. The GeM platform has more than 1.35 lakh sellers, offering 4.43 lakh products and around 26,500 organisations as buyers.

Month: Current Affairs - September, 2018