GeM to ensure transparency public procurement : Minister

Speed Post News Network

New Delhi : As an initiative to improve transparency in procurement, the Government has set up Government e- Marketplace (GeM) as a 100% Government owned company registered under the Companies Act, 2013, for providing online platform for procurement of common use goods and services by government organizations.

Government e- Marketplace (GeM) is an online platform for government launched on August 9, 2016. It leverages technology to enhance transparency, efficiency and speed in public procurement. It provides the tools of e-bidding, reverse e-auction and demand aggregation to facilitate the users achieve the best value of their money. It is paperless, cashless and contactless platform giving end to end solution, according to a PIB release.

All the State Governments are utilising the services offered by Government e-Marketplace. In addition, 22 States namely Gujarat, Jharkhand, Telengana, Uttar Pradesh, Andhra Pradesh, Assam, Manipur, Arunachal Pradesh, Bihar, Tamil Nadu, Tripura, Punjab, Haryana, Madhya Pradesh, Chhattisgarh, Nagaland, Himachal Pradesh, Uttarakhand, Odisha, Maharashtra, Meghalaya and West Bengal have signed Memorandum of Understanding for making procurement through GeM portal mandatory in their respective state.

This information was given by the Minister of State of Commerce & Industry C R Chaudhary in a written reply in the Lok Sabha on August 6, 2018.