{"id":86326,"date":"2019-10-25T17:35:39","date_gmt":"2019-10-25T12:05:39","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=11168"},"modified":"2019-10-25T17:35:39","modified_gmt":"2019-10-25T12:05:39","slug":"government-e-marketplace","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/government-e-marketplace\/","title":{"rendered":"Government e-Marketplace"},"content":{"rendered":"\n<p><strong>News:<\/strong>The<strong> <\/strong>government e-Marketplace (GeM) has signed a Memorandum of Understanding (MoU) with Federal Bank to offer different services including the transfer of funds.<br><\/p>\n\n\n\n<p><strong>Facts:<\/strong><br><\/p>\n\n\n\n<p><strong>About GeM:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Government e Marketplace is an online marketplace setup in 2016 for procurement of commonly used goods and services by government ministries,departments and CPSEs.<\/li><li>It aims to enhance transparency, efficiency and speed in public procurement.<\/li><li>It is a National Procurement Portal of India.It functions under Directorate General of Supplies and Disposals (DGS&amp;D),Ministry of Commerce and Industry.<\/li><\/ul>\n\n\n\n<p><strong>Benefits of GeM:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Transparency<\/strong>: GeM eliminates human interface in vendor registration, order placement and payment processing to a great extent.<\/li><li><strong>Efficiency<\/strong>:Direct purchase on GeM can be done in a matter of minutes and the entire process online, end to end integrated with online tools for assessing price reasonability<\/li><li><strong>Secure and safe<\/strong>: GeM is a completely secure platform and all the documents on GeM are e-Signed at various stages by the buyers and sellers.<\/li><li><strong>Savings to the Government<\/strong>: transparency, efficiency and ease of use of the GeM portal has resulted in a substantial reduction in prices on GeM.<\/li><\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>News:The government e-Marketplace (GeM) has signed a Memorandum of Understanding (MoU) with Federal Bank to offer different services including the transfer of funds. Facts: About GeM: Government e Marketplace is an online marketplace setup in 2016 for procurement of commonly used goods and services by government ministries,departments and CPSEs. It aims to enhance transparency, efficiency&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/government-e-marketplace\/\">Continue reading <span class=\"screen-reader-text\">Government e-Marketplace<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127],"tags":[3367],"class_list":["post-86326","post","type-post","status-publish","format-standard","hentry","category-economy","tag-government-e-marketplace","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=86326"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86326\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=86326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=86326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=86326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}