Commerce and Industry Minister Nirmala Sitharam launched Government e-Marketplace to ensure end to end procurement system for purchase of goods and services of common use by the government buyers.
Commerce and Industry Minister Nirmala Sitharaman launched the Government e-Marketplace (GeM) in order to ensure greater transparency and to revolutionize government procurement.
The Directorate General of Supplies and Disposals (DGS&D) has developed the GeM, a completely end to end procurement system for purchase of goods and services of common use by the government buyers. Finance Minister Arun Jaitley in his Budget speech 2016-17, announced the establishment of a technology driven platform by DGS&D.
The main phase of the GeM has been developed jointly for selective goods and services. The entire process flow designing has been done in house in order to bring greater transparency, speed and efficiency in public procurement.
GeM is considered to be a completely an end to end online procurement system including payment to suppliers. GeM relieves public offices from tedious and time consuming tendering process and thus cuts down on administrative and transaction costs.
It will help in online registration of suppliers and government buyers using self certification and authentication through Aadhaar, PAN, MCA21 and Biometric Attendance System.It will also facilitate seamless process flow and standardized specifications with complete audit trail.
BY EB Bureau
