The National Mission on GeM (NMG) was launched on 5th September 2018 to accelerate the adoption and use of Procurement by Major Central Ministries, States and UTs and their agencies (including CPSUs/PSUs, Local Bodies) on the GeM platform.
Goals of the NMG:
- Promote inclusiveness by catapulting various categories of sellers and service providers
- Highlight and communicate ‘value add’ by way of transparency and efficiency in public procurement, including corruption free governance.
- Achieve cashless, contactless and paperless transaction, in line with the Digital India objectives.
- Increase overall efficiency leading to significant cost saving on government expenditure in Procurement.
- Maximizing ease in availability of all types of products and services bought by Government buyers.
Behind the scene:
GeM is a short form of one stop Government e-Market Place hosted by Directorate General of Supplies and Disposals (DGS&D) where common user goods and services can be procured.
GeM has recorded about $1.5 billion worth of transactions since it was launch 18 months ago.
Source: PIB
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