Seoteamgem

The creation of a forest or tree stand (afforestation) in an area with no prior tree cover is referred to as afforestation. To grow trees and boost carbon capture, several governmental and non-governmental groups actively participate in afforestation activities. In order to combat climate issues, afforestation is becoming more and more popular because it is known to improve soil quality and organic carbon levels in the soil, preventing desertification. Most afforestation is done for economic and conservational reasons.

Designed to promote transparency and efficiency in the public procurement process, government e market portal (GeM), continues to transform the e-commerce space in the country.

At its most basic level, eTenderingis a step in the process of doing procurement online, with the goal of finding contractors more productive. From the time the demand is advertised to the time the contract is placed, the whole tendering process is conducted online.

In a recently held review meeting of Government e-Marketplace (GeM), which is a public procurement portal, Commerce Minister Piyush Goyal highlighted that the government has set an objective of 100 percent procurement of its products and services to be made through government e market portal (GeM) by the closing of the current fiscal year.

Prashant Kumar Singh, CEO of Government e-Marketplace (GeM), stated that the last financial year’s annual e-procurement was Rs 1 lakh crore, with the figure expected to rise to Rs 1.5 lakh crore in 2022–23.

Government e Marketplace is an initiative launched by the hon'ble Prime minister in 2016 to digitalize the public procurement system in India.

Government e-Marketplace (GeM) is a one-stop portal to facilitate online procurement of common-use products & services required by various Government Departments / Organizations / PSUs. GeM strands on three pillars to ease the public procurement system- transparency, efficiency & inclusiveness.

The Government e-marketplace, or GeM, is a portal managed by the central government of India for the acquisition of products and services by government entities. Public procurement has long been a vital aspect of government operations. The government's goal in implementing GeM was to improve openness and efficiency in procurement contracts.

Government e-Marketplace, known as GeM, is a digital platform that enables buying and selling of goods and services. GeM portal, paperless; contactless and cashless online marketplace. The sole purpose of GeM is to amplify efficiency; transparency and speed in public procurement.

The government e-market portal is an online platform launched on 9 August 2016. Its primary purpose is to clarify the end-to-end procurement of commonly used goods and services and to provide single-handed accessible information to the user, which they’ll get from multiple resource

The government e-market portal is an online platform launched on 9 August 2016. Its primary purpose is to clarify the end-to-end procurement of commonly used goods and services and to provide single-handed accessible information to the user, which they’ll get from multiple resources.

The Indian government’s online retail portal Government e-Marketplace (GeM) has crossed the public procurement of goods and services by central government ministries and departments by INR 3 trillion in October FY23, according to media reports. The amount was achieved due to an increase in purchase activity by the ministries.

Steel Authority of India Limited, SAIL has crossed ten crore rupees in Procurement Value on Government-e-Marketplace (GeM). The Ministry of Steel said that SAIL became the first Central Public Sector Enterprise, CPSE to achieve the major milestone of procurement through the GeM since its inception.

The meeting would also review the procurement of banks and financial institutions through the Government e-Marketplace (GeM) portal.

Despite the government’s rising emphasis on buying from MSMEs via GeM, the order volume has already beyond the staggering 12 million or 1.2 crores, days after financing of products and services by central government departments and agencies surpassed Rs 3 lakh crore. A rise in the demand for the government to purchase goods from Micro, Small, and Medium-Sized Enterprises (MSME) supported the increase in orders.

Government e Marketplace (GeM), which was developed in a world-record five months, makes it easier for different government departments, organisations, and PSUs to purchase common goods and services online. GeM seeks to increase the speed, efficiency, and openness of public procurement. To help government users get the most for their money, it offers the e-bidding, reverse e-auction, and demand aggregation tools. Government users' purchases through GeM have been permitted and made necessary by the Ministry of Finance.

Businesses may quickly locate the finest suppliers for forthcoming purchases at the greatest price with the use of e-tendering. Electronic responses from numerous vendors trying to earn business or offer business services are made in response to procurement opportunities.

Located in New Delhi, India, Steel Authority of India Limited is a central public sector organization. It is owned by the Ministry of Steel, Government of India, and will have a 2021–22 fiscal year revenue of INR 1,03,480 billion. Five integrated plants and three special steel plants operated by SAIL, primarily in India's eastern and central regions and close to domestic raw material sources, produce iron and steel.

A one-stop website called Government e-Marketplace (GeM) makes it easy for different government departments, organizations, and PSUs to purchase common goods and services online. GeM seeks to increase the speed, efficiency, and openness of public procurement. To help government users get the most for their money, it offers e-bidding, reverse e-auction, and demand aggregation technologies.

According to Commerce Minister Piyush Goyal, all sellers registered on the government's e-commerce portal for public procurement Government e-Marketplace (GeM) have an equal opportunity to participate in the marketplace and bids, even though there is no definition of an active supplier (seller) on GeM.