SME Times News Bureau | 18 Jul, 2019
Government e Marketplace (GeM) and Steel
Authority of India (SAIL) signed an MoU to set up GeM Organizational
Transformation Team (GOTT)Project Management Unit (PMU) on Thursday in New
Delhi.
Secretary Steel, Binoy Kumar, Secretary Department
of Commerce, Anup Wadhawan and CMD SAIL, Anil Chaudhary were present on this
occasion. The MoU was signed by S. Suresh Kumar, Additional CEO,GeM and
Harinand Rai, Director (Technical), SAIL.
The public procurement system is key to effective
and efficient functioning of the Government as it underpins the performance of
all sectors at different levels of Government.
GeM, the national procurement platform, was
launched in August 2016 to overcome the shortcomings like poor planning,
insufficient competition, delays in procurement process, high tender premium /
higher cost of infrastructure, allegations of corruption and poor complaint
management.
GeM provides an open, inclusive and efficient
solution to all public procurement needs while leveraging technology and domain
database.
To further align public offices to a market based
public procurement, Department of Expenditure, Ministry of Finance, Government
of India had last month permitted Ministries and Departments of Central and
State Governments to consider services of GOTT on an outcome based
self-sustenance model.
GOTT will assist the buyer agency to transform
their business activities, processes, competencies and models to fully leverage
the opportunities of an open market based procurement.
With this MoU, SAIL has become the first PSU to
establish GOTT PMU for transforming their procurement landscape and increasing
their footprint on GeM.
It is projected that through the initiatives of
GOTT PMU, SAIL will be able to transact Rs 1700 crore in terms of annual Gross
Merchandize Value (GMV) on GeM platform in the first year and Rs 9000 crore,
over a period of time, and thereby efficiently conductand monetize their public
procurement.