Business Economy


Prabhu launches SWAYATT on GeM

Prabhu launches SWAYATT on GeM

New Delhi, Feb 19 (UNI) Union Commerce and Industry Minister Suresh Prabhu on Tuesday launched SWAYATT on Government e-Marketplace (GeM) and reiterated the need to support and strengthen such initiatives and enterprises which constitute the backbone of the Indian economy.

SWAYATT is an initiative to promote Start-ups, Women and Youth Advantage Through eTransactions on Government e-Marketplace (GeM). This will bring together the key stakeholders within the Indian entrepreneurial ecosystem to Government e-Marketplace the national procurement portal.

On the occasion, the Minister also dedicated GeM Start-up Runway -- an initiative of GeM in association with Start-up India to facilitate Start-ups registered with Start-up India to access the public procurement market and sell innovative products and services to government buyers.

He also felicitated a few successful entrepreneurs from Women Self Help Groups, Start-ups and MSMEs in GeM.

Mr Prabhu also appreciated the achievements of GeM reaching out and empowering these diverse groups. He also hailed the event for impressively showcasing many such successful efforts of SHGs, Start-ups, Women enterprises, MSMEs partnering GeM.

Minister of State for Commerce and Industry CR Chaudhary also released a movie on GeM SWAYATT and expressed hope that its national launch would further seek to promote inclusiveness by catapulting various categories of sellers and service providers, take proactive steps to facilitate the training and registrations of such specific category of manufacturers and sellers, develop women entrepreneurship and encourage participation of MSME sector and Start-ups in public procurement.



The event which was webcast live across the country, witnessed enthusiastic participation from all over India including policy makers, social activists, artisans, women entrepreneurs, and start-ups who will work to ensure market linkages for these sections in public procurement.

Women Self Help Groups, Start-ups, and Government Organization had exhibited 24 stalls at the venue. The event partners included various ministries like Women and Child Development, Electronics and IT, MSME, Ministry of Housing and Urban Affairs and Rural Development and Skill Development apart from industry associations financial institutions, autonomous bodies like NSIC, KVIC, CCIC and SPVs - Invest India and Start-up India.

UNI SW SHK1819

More News
Sensex up over 200 pts

Sensex up over 200 pts

22 Apr 2025 | 10:13 AM

Mumbai, Apr 22 (UNI) The BSE Sensex remained firm for the sixth straight session on Tuesday, rising 205 pts at 79,614.40 in opening session as buying was seen across the board amid consistent inflow from foreign investors.

see more..
Airtel announces new features in its continued fight against SPAM

Airtel announces new features in its continued fight against SPAM

21 Apr 2025 | 9:50 PM

Kolkata, Apr 21 (UNI) Following the launch of its AI powered spam detection tool that flagged over 27.5 billion calls as SPAM to its customers, telecom operator Airtel on Monday announced the introduction of two significant enhancements aimed at staying ahead of spammers.

see more..

ParamNetwork launches India’s 1st enterprise-grade Agentic AI platform

21 Apr 2025 | 7:12 PM

Pune, Apr 21 (UNI) ParamNetwork on Monday announced the global launch of (param) ai/studio, India’s first enterprise-grade Agentic AI platform, designed to meet the complex requirements of modern enterprises.

see more..

Tally Solutions launches TallyPrime 6 0, Revolutionizing financial ops for SMEs with connected banking

21 Apr 2025 | 7:06 PM

Kolkata, Apr 21 (UNI) Tally Solutions Pvt Ltd, India’s leading business automation software provider, has introduces its latest release, TallyPrime 6.0, designed to simplify financial operations for small and medium enterprises (SMEs) and make it seamless via Connected Banking experience.

see more..

JSW Energy breaks ground on 1600 MW ultra supercritical thermal power plant at Salboni in Bengal

21 Apr 2025 | 6:56 PM

Kolkata, Apr 21 (UNI) JSW Energy Limited, a leading private-sector power producer in India and a part of the $24 Billion JSW Group, on Monday commenced construction of its state-of-the-art 1,600 MW (2x800 MW) ultra supercritical thermal power plant in Salboni, West Bengal.

see more..