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Procurement from GeM made mandate for Govt depts

Update On :09 March 2017

Procurement from GeM made mandate for Govt depts

With the aim to bring in more transparency and streamlining the government procurement, sourcing of goods and services from government e-marketplace (GeM) has been made compulsory for all the central government departments and ministries. Government procurement has been estimated at Rs 10,000 crore a year.

Directorate General of Supplies and Disposals (DGS&D) which is under the Commerce Ministry last year launched the government e-marketplace (GeM) for online purchase of goods and services by various central government ministries and departments. An official said that the Finance Ministry has amended the General Financial Rules (GFRs) as per which it is now compulsory to procure items and services from this portal.

Currently over 9,000 products from 250 categories including computers, stationery and several services are registered by different vendors on the portal. DGS&D is working on increasing the number of services by including areas like cleaning, plumbing and digitization of records. A official said it will be done in one months time and the work is going in full swing.

E-commerce is a fast growing industry in the country. According to a study, e-commerce market is likely to grow 10-fold in next five years to reach USD 100 billion on the back of increasing penetration of Internet, smartphones and spread of digital network in rural areas.

News Source From : http://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/govt-makes-it-mandatory-for-departments-to-source-from-gem/57549047

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