TNPSC Thervupettagam

Government e-marketplace open to Private

November 11 , 2019 31 days 144 0
  • The Union government plans to open up the national online procurement portal Government e-Marketplace (GeM) to government contractors and private entities but only for bulk buying.
  • Currently, GeM allows only government departments and public sector units to buy from the portal.

About

  • GeM, the National Public Procurement Portal is a Section 8 Company registered under the Companies Act, 2013.
  • The Commerce and Industry Ministry launched the GeM on August 9, 2016.
  • It aims for providing and streamlining procurement of goods & services required by Central & State Government organizations.

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