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GeM and SAIL sign MoU for Setting up Project Management Unit

in Business July 18, 2019 Comments Off on GeM and SAIL sign MoU for Setting up Project Management Unit 612 Views

Newdelhi:18/7/19:Government e Marketplace (GeM) under Department of Commerce, Ministry of Commerce and Industry, Government of India and Steel Authority of India (SAIL), signed anMoU to set upGeM Organizational Transformation Team (GOTT)Project Management Unit (PMU)in New Delhi today. Secretary Steel,Binoy Kumar, Secretary Department of Commerce, Anup Wadhawan and CMD SAIL, Anil Chaudhary were present on this occasion. The MoU was signed by S. Suresh Kumar, Additional CEO,GeM and Harinand Rai, Director (Technical), SAIL.

The public procurement system is key to effective and efficient functioning of the Government as it underpins the performance of all sectors at different levels of Government.GeM, the national procurement platform, was launched in August 2016 to overcome the shortcomings like poor planning, insufficient competition, delays in procurement process, high tender premium / higher cost of infrastructure, allegations of corruption and poor complaint management.GeM provides an open, inclusive and efficient solution to all public procurement needs while leveraging technology and domain database.

To further align public offices to a market based public procurement, Department of Expenditure, Ministry of Finance, Government of India had last monthpermitted Ministries and Departments of Central and State Governments to consider services of GOTT on an outcome based self-sustenance model. GOTT will assist the buyer agency to transform their business activities, processes, competencies and models to fully leverage the opportunities of an open market based procurement.

With this MoU, SAIL has become the first PSU to establish GOTT PMU for transforming their procurement landscape and increasing their footprint on GeM.

It is projected that through the initiatives of GOTT PMU, SAIL will be able to transact Rs 1700 crore in terms of annual Gross Merchandize Value (GMV) on GeM platform in the first year and Rs 9000 crore, over a period of time, and thereby efficiently conductand monetize their public procurement.

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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