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857 Start-ups and 1234 MSMEs registered on GeM in the ongoing National Mission

in Business October 3, 2018 Comments Off on 857 Start-ups and 1234 MSMEs registered on GeM in the ongoing National Mission 931 Views

Newdelhi:3/10/18:The National Mission on GeM was launched by Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu, on 5th of September 2018. Twenty States and UTs joined the Mission which aims at creating awareness about GeM, train buyers and sellers, get them registered on GeM and increase the procurement through GeM. This drive has been taken up for the promotion of inclusiveness of all sections of categories of sellers and service providers, highlighting and communicating the value addition in joining GeM, achieving cashless, contactless and paperless transactions, increasing overall efficiency and maximising ease of availability of goods and services.

During this awareness period, a buyer registration drive has been launched for on-boarding and increasing procurement by Central, State and local agencies on GeM and a vendor registration drive for on-boarding additional categories and populating the available ones on GeM with more vendors. Central Ministries, States and their agencies, including local offices, have been tasked with sharing a list of key vendors for registering on GeM and its reach has moved from a Central and State Headquarter level to Sub- district and local body level.

Seven percent more sellers have listed their products in September 2018, total of 857 Start-ups have been registered on GeM, 1234 MSME sellers have been registered on GeM and 834 new organizations on-boarded. MSME sellers have been awarded 40,000 orders worth ₹ 551 crore, transaction volumes of FY 17-18 (3.78 lacs) have been achieved in less than 6 months in FY 18-19 (4.31 lakh), 121 new sub categories have been added on the GeM platform, 100 new sub categories got populated giving a wider choice to buyers and 92 new subcategories saw transactions.

The ongoing National Mission has led to an average saving of 25% across categories.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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