(THE NEWSMAN OF INDIA)
Government e Marketplace (GeM) under Department of Commerce, Ministry of Commerce and Industry, Government of India and Steel Authority of India (SAIL), signed anMoU to set upGeM Organizational Transformation Team (GOTT)Project Management Unit (PMU)in New Delhi today. Secretary Steel,Binoy Kumar, Secretary Department of Commerce, Anup Wadhawan and CMD SAIL, Anil Chaudhary were present on this occasion. The MoU was signed by S. Suresh Kumar, Additional CEO,GeM and Harinand Rai, Director (Technical), SAIL.

The public procurement system is key to effective and efficient functioning of the Government as it underpins the performance of all sectors at different levels of Government.GeM, the national procurement platform, was launched in August 2016 to overcome the shortcomings like poor planning, insufficient competition, delays in procurement process, high tender premium / higher cost of infrastructure, allegations of corruption and poor complaint management.GeM provides an open, inclusive and efficient solution to all public procurement needs while leveraging technology and domain database.