Question
Download Solution PDFConsider the following statements regarding Government e-Marketplace.
1. GeM aims to enhance transparency, efficiency, and speed in public procurement.
2. GeM is a state-of-the-art national public procurement platform of the Ministry of Agriculture.
3. It is now mandatory for sellers to enter the Country of Origin while registering all new products on GeM.
Which of the statements given above is/are correct?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is 1 and 3 only.
In News
- Government e-Marketplace (GeM) has brought in certain changes to promote ‘Make in India’ and ‘Aatmanirbhar Bharat’.
Key Points
- It is now mandatory for sellers to enter the Country of Origin while registering all new products on GeM. Hence statement 3 is correct.
- Sellers, who had already uploaded their products before the introduction of this new feature on GeM, have to regularly update the Country of Origin.
- There shall be a provision for indication of the percentage of local content in products.
- The ‘Make in India’ filter has now been enabled on the portal. Buyers can choose to buy only those products that meet the minimum 50% local content criteria.
Important Points
- About GeM:
- GeM is a state-of-the-art national public procurement platform of the Ministry of Commerce and Industries, that has used technology to remove entry barriers for bonafide sellers and has created a vibrant e-marketplace with a wide range of goods and services. Hence statement 2 is not correct.
- GeM aims to enhance transparency, efficiency, and speed in public procurement. Hence statement 1 is correct.
Last updated on Jul 10, 2025
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