Optimize IAS
  • Home
  • About Us
  • Courses
    • Prelims Test Series
      • LAQSHYA 2026 Prelims Mentorship
    • Mains Mentorship
      • Arjuna 2026 Mains Mentorship
  • Portal Login
  • Home
  • About Us
  • Courses
    • Prelims Test Series
      • LAQSHYA 2026 Prelims Mentorship
    • Mains Mentorship
      • Arjuna 2026 Mains Mentorship
  • Portal Login

Government e -Marketplace

  • June 24, 2020
  • Posted by: OptimizeIAS Team
  • Category: DPN Topics
1 Comment

Subject: Schemes

Context:

Government e-Marketplace (GeM) portal has mandated all sellers to clarify the country of origin while registering any new product.

Concept:

Need:

  • It is related to centre’sAatmanirbhar Bharat campaign, to promote locally produced goods.
  • As per procurement norms amended by the government, suppliers are categorised into classes depending on the level of local content in their goods.
  • The GeM portal allows buyers to reserve any bid for Class I local suppliers, or suppliers of those goods with more than 50% local content.
  • For bids below Rs 200 crore, only Class I and Class II (those with more than 20% local content) are eligible.

GeM Portal

  • Government e-Marketplace is a very bold step of the Government with the aim to transform the way in which procurement of goods and services is done by the Government Ministries and Departments, Public Sector Undertakings and other apex autonomous bodies of the Central Government.
  • Government e-Market Place hosted by Director General of Supplies & Disposal.
  • GeM is a completely paperless, cashless and system driven e-market place that enables procurement of common use goods and services with minimal human interface.
Government e -Marketplace Schemes

Comments are closed.

Recent Posts

  • Daily Prelims Notes 23 March 2025 March 23, 2025
  • Challenges in Uploading Voting Data March 23, 2025
  • Fertilizers Committee Warns Against Under-Funding of Nutrient Subsidy Schemes March 23, 2025
  • Tavasya: The Fourth Krivak-Class Stealth Frigate Launched March 23, 2025
  • Indo-French Naval Exercise Varuna 2024 March 23, 2025
  • No Mismatch Between Circulating Influenza Strains and Vaccine Strains March 23, 2025
  • South Cascade Glacier March 22, 2025
  • Made-in-India Web Browser March 22, 2025
  • Charting a route for IORA under India’s chairship March 22, 2025
  • Mar-a-Lago Accord and dollar devaluation March 22, 2025

About

If IAS is your destination, begin your journey with Optimize IAS.

Hi There, I am Santosh I have the unique distinction of clearing all 6 UPSC CSE Prelims with huge margins.

I mastered the art of clearing UPSC CSE Prelims and in the process devised an unbeatable strategy to ace Prelims which many students struggle to do.

Contact us

moc.saiezimitpo@tcatnoc

For More Details

Work with Us

Connect With Me

Course Portal
Search