Government e-Marketplace Current Affairs
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.
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
5 States and a Union Territory (UT) have formally adopted the Centre’s Government e-Marketplace (GeM) initiative. They are Andhra Pradesh, Assam, Gujarat, Telangana, Arunachal Pradesh and Puducherry (UT).
In this regard, these states/UT have signed memorandum of understanding (MoU) to join GeM initiative. Four more states including Uttar Pradesh, Tamil Nadu, Jharkhand and Haryana, will ink such MoU soon.
About Government e-Marketplace (GeM) initiative
GeM is an Online Market platform to facilitate procurement of goods and services by various Ministries and agencies of the Government. 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), Union Ministry of Commerce and Industries.
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. Presently more than 40000 products in about 150 categories and hiring of transport service are available on GeM POC portal.
Benefits of GeM
Transparency: GeM to a great extent eliminates human interface in order placement, vendor registration and payment processing. It is open platform and does not offer no entry barriers to bonafide suppliers who wish to do business with the Government. For procurements of higher value, GeM has bidding facility.
Efficiency: GeM allows direct purchase on it in a matter of minutes. The entire process in online, end to end integrated. It has online tools for assessing price reasonability.
Secure and safe: GeM platform is a completely secure. The antecedents of the suppliers are verified online and automatically through Aadhar, PAN databases. Besides, all the documents on GeM are e-signed at various stages by the buyers and sellers.
Support to Make in India: GeM has filters which are Preferential Market Access (PMA) compliant for selecting goods which are manufactured by Small Scale Industries (SSI). Thus, it will enable Government buyers to easily procure Make in India and SSI goods.
Savings to the Government: Transparency, efficiency under GeM initiative will result in a substantial reduction in prices of procuring goods, in comparison to the direct purchase rates and purchases by tender and rate contract.