GeM maintains transparency in online procurement of goods & services
By MYBRANDBOOK
Government eMarketplace (GeM)
Head of the organization – Prashant Kumar Singh, IAS - CEO
Created in a record time of five months, Government eMarketplace is a dedicated e-market for different goods & services procured by Government organisations/departments/PSUs. It eases the procurement process. It also enhances transparency, efficiency and speed in public procurement, the platform provides the tools of e-bidding, reverse e-auction and demand aggregation to facilitate the government users, achieve the best value for their money. The digital platform enables economies of scale, efficient price discovery and dissemination of best practices. The purchases through GeM by Government users have been authorised and made mandatory by Ministry of Finance by adding a new Rule No. 149 in the General Financial Rules, 2017.
Key Priorities: The Government e Marketplace (or e-Marketplace) (GeM) is an online platform for public procurement in India. It has created an open and transparent procurement platform for government buyers.
Website - https://gem.gov.in/
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