GeM can save huge amount to the exchequer
The Dollar Business Bureau The online portal, GeM, has been launched to facilitate transparent and end to end online purchases of government goods and services. Government e-Marketplace (GeM) has been initiated by Ministry of Commerce to change the process in which government goods and services are bought and obtained. This procurement of goods and services is essential for various departments such as government sectors, organisations, public sector undertakings and autonomous bodies. GeM is a unitary marketplace that includes both goods and services made available to government buyers. The statement said that the online procurement process includes e-bidding and reverse e-auction. The other benefits comprise paperless work for vendor registration, order placement and payment processing respectively. The statement also said that the prices of goods and ...
New framework to promote e-marketing of handloom products
The Dollar Business Bureau The government has brought in a new policy to promote the e-marketing of handloom products. The move is aimed at attracting young customers who prefer shopping online. The move comes days after the government announced initiatives like 'India Handloom' brand and the ‘National Handloom Day’ to encourage the weaving industry. As per the new policy, the Office of the Development Commissioner (Handlooms) under the Ministry of Textiles would collaborate with approved e-commerce companies to promote handloom products. Any e-commerce operator willing to promote handloom products in collaboration with the DC office can also apply for the same. A separate committee will look into the track record and turnover of the applicants, and based on their proposed handloom fabric ...
