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Government-e-Marketplace (GeM):

GS Paper 3:

Syllabus: Mobilization of resources.

 

Context:

The Union Cabinet has cleared a proposal allowing cooperatives to sell products on the Government-e-Marketplace (GeM) platform.

 

Significance:

The move will benefit 27 crore people associated with 8.5 lakh cooperatives.

  • The micro and medium small industries will get buyers and it will boost the prospects of “Vocal for local” and Atma Nirbhar Bharat.

 

What is GeM?

  • Started in
  • It is a one stop portal to facilitate online procurement of common use Goods and Services.
  • The portal is open for all government buyers— Central and State Ministries, departments, public sector enterprises etc.
  • Private buyers cannot buy on the platform but private people can sell products to government bodies through the portal.
  • Nodal Ministry: Ministry of Commerce and Industry.

 

Significance of GeM:

  • Transparent and Cost-effective Procurement.
  • Promotion of Atmanirbhar Bharat.
  • Entry of Small Local Sellers.

 

InstaLinks:

Prelims Link:

  1. GeM.
  2. Eligibility.
  3. Nodal Ministry.

Mains Link:

Discuss the significance of GeM.

 

Q.4) Consider the following statements:

    1. GeM portal is open for all government buyers.
    2. Private buyers cannot sell on the platform but private people can buy products to government bodies through the portal.

Choose the correct answer using the codes given below:

    1. 1 Only.
    2. 2 Only.
    3. Both.
    4. None.

 

Sources: PIB.