SME Times News Bureau | 26 Sep, 2018
Business
transactions worth over Rs 12,000 crore have been conducted in the last two
years, said an official release on Tuesday.
In two years of its
operations, GeM has recorded till date more than 8 lakh transactions worth over
Rs.12,239 crore, said the release.
The platform has
nearly 27.9 thousand buyer organisations registered and about 1.43 lakh sellers
and service providers offering more than 4.86 lakh products and services for
online purchase.
GeM contributes to
approximately 20-25% average overall savings to the Government.
The Government has decided
to launch a six week long National Mission on GeM from September 6 to October
17 in order to increase awareness.
Government e
Marketplace is the National Public Procurement Portal offering an online,
end-to-end solution for procurement of common use goods and services by
government departments.
It is used by
Central and State Government Ministries and Departments, Central and State
Public Sector Undertakings (CPSUs & SPSUs), autonomous institutions and
local bodies. GeM provides an open, inclusive, transparent and efficient online
marketplace.
