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Consider the following statements regarding GeM portal
It is a one stop portal to facilitate online procurement of common use Goods required by various Government Departments / Organizations / PSUs.
Central and state government departments are mandated to make purchases through it.
For registering new products on GeM portal, it is mandatory to clarify country of origin.
How many of the statements given above is/are correct?
Only One
Only Two
All Three
None
Only statement 3rd is correct.
Statement 1 is incorrect: GeM is a short form of one stop Government e-Market Place hosted by DGS&D where common user goods and services can be procured.
Statement 2 is incorrect: Only Central government departments are mandated to buy from GeM portal not state government departments.
Statement 3 is correct: Since 2020, the government has made it mandatory for sellers on the GeM portal to clarify the country of origin of their goods when registering new products.
GeM is a short form of one stop Government e-Market Place hosted by DGS&D where common user goods and services can be procured.
GeM is dynamic, self-sustaining and user friendly portal for making procurement by Government officers.
GeM eliminates human interface in vendor registration, order placement and payment processing, to a great extent.
Being an open platform, GeM offers no entry barriers to bonafide suppliers who wish to do business with the Government.
At every step, SMS and e-Mail notifications are sent to both buyers, his/her head of organization, paying authorities as well as sellers. Online, cashless and time bound payment on GeM is facilitated through integration with PFMS and State Bank Multi Option System (SBMOPS)
Since 2020, the government has made it mandatory for sellers on the GeM portal to clarify the country of origin of their goods when registering new products.
The purchases through GeM by Government users have been authorized and made mandatory by the Ministry of Finance .however state government departments are only encouraged to purchase through GeM portal, it is not mandatory for them.
Hence option 1st is correct.
By: Shubham Tiwari ProfileResourcesReport error
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