Government e-Marketplace Current Affairs - 2019

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GeM and CCI Sign MoU

Government e Marketplace (GeM) and Competition Commission of India (CCI) have signed a Memorandum of Understanding to enable a fair and competitive environment in the e-Marketplace.

Combating Anti-competitive practices

Both CCI and GeM attach significant importance to the advanced analytical tools and processes for identification of malpractices like cartelization. Hence to pool their knowledge of the public procurement domain for detection of Anti-competitive practices GeM and CCI have signed a MoU.

Government e Marketplace (GeM)

GeM is a state-of-the-art national public procurement platform of Ministry of Commerce and Industries. GeM facilitates online procurement of common use Goods & Services required by various Government Departments / Organisations / PSUs.

GeM provides the tools of e-bidding, reverse e-auction and demand aggregation to facilitate the government users, achieve the best value for their money.

GeM aims to enhance transparency, efficiency and speed in public procurement and has used technology to remove entry barriers for bonafide sellers and has created a vibrant e-marketplace with a wide range of goods and services.

Competition Commission of India (CCI)

Competition Commission of India is a statutory body of the Government of India, responsible for enforcing the Competition Act, 2002 throughout the country and to prevent activities that have an adverse effect on competition. CCI consists of a Chairperson and 6 Members appointed by the Central Government.

Month: Categories: NationalUPSC


Government launches GeM 3.0

The Ministry of Commerce & Industry has launched third version of the Government e-Marketplace (GeM 3.0) . The earlier version GeM 2.0 was launched as pilot project in August 2016.

GeM 3.0 will offer standardised and enriched catalogue management, powerful search engine, real time price comparison, template-based Bid and RA creation, demand aggregation, e-EMD, e-PBG, user rating, advanced MIS and analytics and more.

Government e-Marketplace (GeM)

GeM is an Online Market platform to facilitate procurement of goods and services by various Ministries and agencies of the Government. It has been envisaged as National Procurement Portal of India

It aims to enhance transparency, efficiency and speed in public procurement of goods and services and eliminate corruption. It functions under Directorate General of Supplies and Disposals (DGS&D), Ministry of Commerce and Industries. It is completely paperless, cashless and system driven e-market place that enables procurement of common use goods and services with minimal human interface.

GeM 3.0

It has powerful search engine and price comparison using third party sites – multisource and real time. It has performance based User Rating and online vendor assessment (optional). It has market based-bundling and bunching of products and services. It also has multi-Cart Functionality and offers more Services with bid and RA Facility.

Benefits of GeM 3.0

  • Completely transparent transactions across all ranges
  • Market Based generic requirements across all government agencies
  • Open and dynamic market place with rating based on performance of user on website
  • Generic standards established through universal service levels and cost comparison enabled
  • Standardisation of specifications of both products and services enabling empirical price comparability

Month: Categories: National