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Sellers not sharing local content amount will be unable to do business on GeM: Govt
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Sellers not sharing local content amount will be unable to do business on GeM: Govt
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Ministries of defence and railways and central public sector enterprises (CPSEs) are among the largest buyer organisations on the public procurement portal, GeM, a senior official said. Government e-Marketplace (GeM) portal was launched in August 2016 for online purchases of goods and services by all central government ministries, states and departments. GeM CEO Talleen Kumar said that they are introducing a range of software functionalities to address the unique and diverse procurement needs of these large buyers. These steps will enable these organizations to conduct their procurement with transparency, ease and efficiency to the fullest possible extent on the GeM platform. The volume of procurement conducted by the ministries of railways and defence and CPSEs has seen a steady upward trend since it was rolled out in 2016, he told PTI.
Public procurement portal GeM has come out with an approach paper for stakeholder consultations as it is exploring ways to bring works on the platform with an aim to further widen its scope, a senior official said. Currently, only goods and services providers are registered on the Government e-Marketplace (GeM) portal, which was launched in 2016 for online purchase of goods and services by all central government ministries and departments. It is mandatory for them to procure goods and services from the portal. Works include road and building construction, and setting up of big plants and other facilities. Currently, the facility for procuring these works is not available on GeM platform.
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