- Launched in 2016, the Government e-Marketplace (GeM) is a 100 percent government-owned company setup under the aegis of the Ministry of Commerce and Industry.
- It is a completely paperless, cashless and system driven e-market place that enables procurement of common use goods and services with minimal human interface.
- GeM aims to enhance transparency, efficiency and speed in public procurement.
- GeM was developed with the technical support of the National eGovernance Division (Ministry of Electronics and Information Technology).
- In 2017, the government made it mandatory for all the departments and ministries to source goods and services from the GeM.
- To affect an evolution in public procurement promoting a transparent, efficient and inclusive marketplace.
- Institute a unified procurement policy to encourage behavioral change and drive reform.
- Establish a lean, dynamic organization capable of continuous innovation and market driven decision making.
- Build an easy to use, fully automated platform to ensure transparency and efficiency in procurement
- Demonstrate commitment to delivering value by ensuring right quality at right price
- Create a sustainable ecosystem covering all stakeholders and driving inclusive development in India
Why in the news?
- Minister of Railways, Commerce & Industry, Consumer Affairs and Food & Public Distribution Piyush Goyal recently called upon Government e-Marketplace (GeM) to expand its scope and include more participants in GeM portal for public procurement of both Products & Services.
- It was stressed that integration of GeM with the Railway e-procurement system towards the Unified Procurement System for buyers should be done expeditiously.