Government e Marketplace
Indian government internet platform
Indian government internet platform
Government e Marketplace (GeM) is an online platform for public procurement in India. The initiative was launched on 9 August 2016, by the Ministry of Commerce and Industry in the Government of India, with the objective to create an open and transparent procurement platform for government buyers. It was built in a record time of 5 months to facilitate the online procurement of goods and Services. Use of GeM by Government users has been authorized and made mandatory by the Ministry of Finance by adding a new Rule No. 149 in the General Financial Rules, 2017. The platform is owned by GeM SPV, a Special Purpose Vehicle which is a 100 percent Government-owned, non-profit company under the Ministry of Commerce and Industries, Government of India. GeM is a contactless, paperless and cashless online marketplace which replaced a variety of manual processes undertaken within a fragmented policy context, formerly overseen by the Directorate General of Supplies and Disposals (DGS&D) in 2016. Since...
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