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Business EconomyPosted at: Dec 13 2018 3:08PM


Total 1,015,519 orders on GeM portal in 2 yrs & 4 months

New Delhi, Dec 13 (UNI) As many as 1,015,519 orders were placed with the value of Rs 14,959 crore on Government e-Market (GeM) portal from August 9, 2016 to December 2, 2018, government sources said.
The National Mission on GeM (NMG) was launched on September 5 till October 17, 2018.
The objective of the Mission was 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.
The objectives of the NMG were to promote inclusiveness by catapulting various categories of sellers and service providers and highlight and communicate ‘value add’ by way of transparency and efficiency in public procurement, including corruption free governance.
The objectives include achieving cashless, contactless and paperless transaction, in line with Digital India objectives and increasing overall efficiency leading to significant cost saving on government expenditure in procurement.

The NMG will also maximise ease in availability of all types of products and services bought by government buyers.

During the mission, 315 events and training programs conducted across 31 states in which there were 22,838 participants, sources said.
For central Ministries and CPSUs, 106 events were conducted in which there were 5,990 participants. In addition to this, there were 18 theme based events organised at National Level covering critical areas of intervention like GeM design and architecture, localization, quality assurance, legal frameworks GeM payments, credit facility, OEMS, education, health and power in which there were 2,222 participants.
The portal was launched on August 9, 2016 as a pilot and gradually scaled up.
GeM has brought transparency, efficiency, and inclusiveness in public procurement. It has reduced the time of procurements, reduced the process and enabled ease of doing business for both buyers and vendors.
There are huge savings in the cost of procurement, ranging from a minimum of 10 per cent to 45 per cent in different categories. The average saving based on the MRP/Listed price is about 28 per cent.
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Tags: #Total 1#015#519 orders on GeM portal in 2 yrs & 4 months
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