Goyal reviews action plan to achieve Rs. One Lakh Crore GMV on GeM in 2019-20

Speed Post News Network

New Delhi : Union Commerce & Industry and Railways Minister Piyush Goyal on July 18, 2019, evening, chaired a meeting to review and formulate an action plan for Government e Marketplace (GeM) to achieve a target for Rs 1 lakh crore Gross Merchandise Volume (GMV) on GeM in FY 2019-20.

Goyal appreciated the transformation in public procurement driven through GeM platform. He directed the officers to maximise the use of GeM to ensure transparency and saving in procurements. He said that the procedure for using the GeM platform has to be made more simple, less time consuming and attractive so that more and more vendors, especially from the MSME sector, come on board. Ease of getting registered on the GeM platform has to be ensured so that public sector banks, PSUs, Ministries and Departments of the State Governments and local bodies at the district level are able to procure from GeM easily and smoothly.

He urged GeM officers to work proactively with all the Ministries and State Governments and hand hold them to show that GeM is beneficial for them. Greater transparency and quality of products must be ensured on the platform to get the Railways, Defence, Telecom and PSUs like Oil, Power, Heavy Industry to place orders of more than Rs one lakh crore through the GeM platform, said the Minister. Possibilities may also be explored for incentivising Ministries and States who procure more products and services from GeM.

Goyal requested all Ministries and Departments of Government of India to nominate a Joint Secretary level officer to coordinate with GeM and to identify more products and services that may be procured through the GeM platform, according to a PIB release.