‘Public procurement to be brought online’

BENGALURU : All public procurement have to be introduced on-line to advertise economies of scale and social inclusiveness, commerce and business minister Piyush Goyal mentioned, reviewing the progress of the federal government e-maketplace (GeM).

He additionally recommended introducing end-to-end on-line achievement and cost for all transactions by patrons on GeM and to enhance monitoring of supply in opposition to timelines.

GeM is a one-stop portal for on-line procurement of products and providers generally utilized by authorities departments, organizations and public sector undertakings. “It was famous that greater than 95% of all of the bodily order deliveries since April this 12 months occurred on time, in instances the place on-line achievement and cost was executed by GeM,” the division of commerce mentioned on Sunday.

Goyal reviewed numerous functionalities of GeM, in addition to timeliness in procurement and supply.

He requested GeM to enhance monitoring of supply in opposition to timelines and known as for robust authorized and punitive actions in opposition to fraudulent actions on the portal.

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The minister additionally reviewed GeM’s initiatives for tight monitoring and anomaly detection in procurement, together with use of AI-ML to detect and report collusion and fraud.

In addition to detecting anomalies, GeM additionally plans to make use of AI-ML to make proactive characteristic simplifications and product options to patrons to make sure knowledgeable decision-making and financial savings in public spendings, in keeping with the division of commerce.

Significant technical upgrades have been deliberate by GeM to allow cutting- edge use-cases and enhance user- expertise on the platform.

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