Tag: Ministry of Commerce

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Remission of Duties and Taxes on Exported Products (RoDTEP)

Source:  PIB Subject:  Government Scheme Context: The Government of India has restored the full RoDTEP rates and value caps (withdrawing a previous 50% restriction) to support exporters facing high freight costs and logistics disruptions due to the ongoing geopolitical crisis in West Asia. About Remission of Duties and Taxes on Exported Products (RoDTEP): What it …

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Government e-Marketplace (GeM)

Source:  News on Air Context: Over 1 million manpower resources were hired through the Government e-Marketplace (GeM) in FY 2024–25, marking a major milestone in digital public procurement. About Government e-Marketplace (GeM): What is GeM? Government e-Marketplace (GeM) is a paperless, cashless, and contactless online procurement platform used by Government Departments, PSUs, and ministries to …

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SWAYATT initiative

Source:  PIB Context: The SWAYATT initiative on the Government e-Marketplace (GeM) celebrated six years of empowering startups, women entrepreneurs, and youth in public procurement. The initiative has significantly boosted participation, with women entrepreneurs now comprising 8% of registered sellers on GeM. About SWAYATT initiative: What is SWAYATT? Full Form: Startups, Women & Youth Advantage Through …

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