5 States, a UT sign pact with Centre on e-Marketplace

In a spirit of cooperative federalism, 5 States and a Union Territory (UT) have formally adopted the Centre’s initiative called the Government e-Marketplace (GeM).

• The States and the UT that signed an MoU with the Centre include Andhra Pradesh, Assam, Gujarat, Telangana, Puducherry and Arunachal Pradesh.

What you need to know about GeM?

It aims to ensure that public procurement of goods and services in India worth more than Rs. 5 lakh crore annually is carried out through the online platform for transparency and to eliminate corruption.

• It aims to transform the way in which procurement of goods and services is done by the Government Ministries/Departments, PSUs, autonomous bodies etc.
• DGS&D with technical support of NeGD (MeitY) has developed GeM portal for procurement of both Products & Services.
• GeM is a completely paperless, cashless and system driven e-market place that enables procurement of common use goods and services with minimal human interface.

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