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With reference to the Government-e-Marketplace (GeM), consider the following statements:
1. It was started in 2017 is a one-stop portal to facilitate online procurement of commonly used goods and services.
2. The portal is open for all government buyers.
Which of the statements given above is/are correct?
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
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Most Upvoted Answer
With reference to the Government-e-Marketplace (GeM), consider the fol...
Explanation:
Government-e-Marketplace (GeM) is an online platform that was launched in 2017 to facilitate procurement of goods and services by various government departments and organizations. It aims to bring transparency, efficiency, and cost savings in government procurement processes.
Key Points:
- Statement 1: It was started in 2017 is a one-stop portal to facilitate online procurement of commonly used goods and services.
- This statement is correct. GeM was indeed launched in 2017 with the objective of providing a single platform for government buyers to procure goods and services online. It streamlines the procurement process and ensures transparency and efficiency.
- Statement 2: The portal is open for all government buyers.
- This statement is also correct. GeM is open to all government buyers, including central, state, and local government agencies. It allows them to purchase a wide range of products and services from registered sellers on the platform.
Therefore, both statements 1 and 2 are correct regarding the Government-e-Marketplace (GeM). It has proven to be a significant initiative in transforming government procurement processes and promoting digital transactions.
Government-e-Marketplace (GeM) is an online platform that was launched in 2017 to facilitate procurement of goods and services by various government departments and organizations. It aims to bring transparency, efficiency, and cost savings in government procurement processes.
Key Points:
- Statement 1: It was started in 2017 is a one-stop portal to facilitate online procurement of commonly used goods and services.
- This statement is correct. GeM was indeed launched in 2017 with the objective of providing a single platform for government buyers to procure goods and services online. It streamlines the procurement process and ensures transparency and efficiency.
- Statement 2: The portal is open for all government buyers.
- This statement is also correct. GeM is open to all government buyers, including central, state, and local government agencies. It allows them to purchase a wide range of products and services from registered sellers on the platform.
Therefore, both statements 1 and 2 are correct regarding the Government-e-Marketplace (GeM). It has proven to be a significant initiative in transforming government procurement processes and promoting digital transactions.
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Community Answer
With reference to the Government-e-Marketplace (GeM), consider the fol...
The Union Cabinet cleared a proposal allowing cooperatives to sell products on the Government-e-Marketplace (GeM) platform in a transparent manner.
- 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.
- The cooperatives may, however, be charged a transaction fee to cover the incremental costs.
- The validated list of cooperatives to be onboarded on the GeM — for pilot as well as subsequent scale-up — will be decided by the Ministry of Cooperation in consultation with the GeM SPV [Special Purpose Vehicle].
- The GeM started in 2017 is a one-stop portal to facilitate online procurement of commonly used goods and services. The portal is open for all government buyers — Union and State Ministries, departments, public sector enterprises, autonomous institutions, local bodies and so on.
- Private buyers cannot buy on the platform but private people can sell products to government bodies through the portal.
Hence both statements are correct.
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With reference to the Government-e-Marketplace (GeM), consider the following statements:1. It was started in 2017 is a one-stop portal to facilitate online procurement of commonly used goods and services.2. The portal is open for all government buyers.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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