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:
- GeM.
- Eligibility.
- Nodal Ministry.
Mains Link:
Discuss the significance of GeM.
Q.4) Consider the following statements:
-
- GeM portal is open for all government buyers.
- 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 Only.
- 2 Only.
- Both.
- None.
Sources: PIB.








