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Country of Origin in GeM platform

Topics Covered: Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth.

Country of Origin in GeM platform

Context:

Government e-Marketplace (GeM) has brought in certain changes to promote ‘Make in India’ and ‘Aatmanirbhar Bharat’.

These include:

  1. It is now mandatory for sellers to enter the Country of Origin while registering all new products on GeM.
  2. Sellers, who had already uploaded their products before the introduction of this new feature on GeM, have to regularly update the Country of Origin.
  3. There shall be a provision for indication of the percentage of local content in products.
  4. ‘Make in India’ filter has now been enabled on the portal. Buyers can choose to buy only those products that meet the minimum 50% local content criteria.

About GeM:

What is it? GeM is a state-of-the-art national public procurement platform of Ministry of Commerce and Industries, that has used technology to remove entry barriers for bonafide sellers and has created a vibrant e-marketplace with a wide range of goods and services.

Aim: GeM aims to enhance transparency, efficiency and speed in public procurement.

GeM facilities:

  1. Listing of products for individual, prescribed categories of Goods/ Services of common use.
  2. Look, estimate, compare and buying facility on dynamic pricing basis.
  3. Market place buying of majority of common User Items.
  4. Buying Goods and Services online, as and when required.
  5. Transparency and ease of buying.
  6. Useful for low value buying and also for bulk buying at competitive price using Reverse Auction/ e-bidding.
  7. Continuous vendor rating system.
  8. Return policy.

Benefits of GeM:

  1. Enhances transparency.
  2. Increased efficiency.
  3. Secure and safe.
  4. Savings to the government.

gem

Sources: pib.