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Vendors to Use Government E-Marketplace to Sell their Products

The Commerce Secretary, Ms. Rita A. Teaotia addressing the Government e-Marketplace (GeM) Workshop for Suppliers, in New Delhi on August 29, 2016

The Commerce Secretary, Ms. Rita A. Teaotia addressing the Government e-Marketplace (GeM) Workshop for Suppliers, in New Delhi on August 29, 2016

The one-day hands on training workshop on Government E-Marketplace (GeM) for vendors was inaugurated today by Rita Teaotia, Commerce Secretary of the Government of India.

The training program was jointly organized by DGS&D, National Institute of Financial Management (NIFM), National e-Governance Division (NeGD), CII, FICCI, Assocham, and MAIT.

The training session was attended by more than 200 suppliers from sectors such as information technology, electrical goods, transport services, etc. from across the country.

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In her keynote address, Rita Teaotia highlighted the fact that GeM has been developed within a short span of 5 months with the collaborative efforts of DGS&D, NeGD, Finance Ministry and several other government agencies.

She stated that owing to the transparency, ease, efficiency and time-bound payment offered by GeM, it is the way forward and would very soon become the standard mode of procurement by government agencies.

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She also stated that GeM would be a game-changer in public procurement and would give an impetus to Make in India program by removing the entry barriers for doing business with the government.

She stated that although it has been made mandatory on GeM to make payment to the vendors within 10 days of receipt of goods / services, efforts should be made to further reduce this time span as time is money and ultimately the cost of delayed payment is born by the government.

Secretary also stated that GeM will enable government buyers to bypass the cumbersome tendering system and instead procure using a system that offers ease of operation similar to e-commerce sites.

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