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What is GeM
Learning ObjectivesDefinition and significance
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Content
GeM stands for Government e-Market Place. It is the digital eCommerce portal for the procurement and selling of goods and services by the Government of India.
Fig 1: Logo of GeM
Source:https://gem.gov.in
- Government e-Marketplace (GeM) facilitates online procurement of common-use goods & services required by various government departments/organisations / public sector units (PSUs).
- GeM aims to enhance transparency, efficiency and speed in public procurement.
- It provides the tools of e-bidding, reverses e-auction and demand aggregation to facilitate the government users to achieve the best value for their money.
Significance
GeM is a completely paperless, cashless and system driven e-marketplace that enables procurement of common-use goods and services with minimal human interface.
It aims at:
- Instituting a unified procurement policy to encourage behavioural change and drive reform
- Establishing a lean, dynamic organisation capable of continuous innovation and market-driven decision making
- Building an easy-to-use, fully automated platform to ensure transparency and efficiency in procurement
- Demonstrating commitment to delivering value by ensuring the right quality at the right price
- Creating a sustainable ecosystem covering all stakeholders and driving inclusive development in India
Resources
Assessment:
| Question | Answer 1 | Answer 2 | Answer 3 | Answer 4 | Correct answer | Correct explanation | Page id | Part of Pre-test | Part of Post-test |
| What are the advantages of GeM? | Paperless procurement processes | Cashless procurement processes | 1& 2 | None | 3 |
GeM is a completely paperless, cashless and system-driven eMarketplace that enables procurement of common-use goods and services with minimal human interface. |
| Yes | Yes |
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