How the Government e-Marketplace Aims to Get Better Value for Public Spending in India
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The Government e-Marketplace, known as GeM, is an online platform that helps government bodies in India buy goods and services. A recent report from the Press Information Bureau (PIB) highlights its role in the country's agriculture and allied sectors, which include areas such as animal husbandry, fisheries, and related farm activities.
According to the report, GeM helps governments get the best value for taxpayers' money through efficient public procurement. Public procurement is the process by which government departments purchase products and services. To make this process fair and cost-effective, GeM uses several tools, including e-bidding and reverse e-auction. In e-bidding, suppliers submit their offers online, so buyers can compare them easily. In a reverse e-auction, suppliers compete by offering lower prices, which can reduce the cost of purchases for the government.
The use of digital tools like these is part of a wider effort to make government buying more transparent and open. By moving procurement online, departments can reach a larger number of suppliers, including small and local businesses, and reduce the need for paper-based processes. The report presents this shift as a key feature of what it calls a new era for Indian agriculture and related sectors.
The PIB report does not give detailed figures in the summary available, so readers who want more information on specific schemes, savings, or results can refer to the full document on the official PIB website, www.pib.gov.in.
Sources: www.pib.gov.in
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