Now Reading: Military Affairs GeM orders cross Rs 1.35 lakh crore
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Military Affairs GeM orders cross Rs 1.35 lakh crore
Orders placed by the Military Affairs Department through the Government e-Marketplace (GeM) have crossed Rs 1.35 lakh crore, accounting for nearly 15 per cent of all procurement on the portal, Commerce Minister…
The Story in Brief
Orders placed by the Military Affairs Department through the Government e-Marketplace (GeM) have crossed Rs 1.35 lakh crore, accounting for nearly 15 per cent of all procurement on the portal, Commerce Minister Piyush Goyal said. He added that central and state government departments now buy goods and services worth over Rs 5 lakh crore annually through GeM. Over the past 10 years, total procurement on the platform has exceeded Rs 20 lakh crore. A study by IIT Delhi estimates that GeM has saved Rs 86,571 crore in three years. Prices of 101 items on the portal are about 74 per cent cheaper than those on commercial retail e-commerce sites, Goyal noted. The portal is being revamped by IT major TCS.
The Indian Opinion
The government is right to cheer GeM numbers, but the ordinary Indian should wonder how much of this defence procurement actually reaches the soldier in time. The 74 per cent price gap with commercial e-commerce firms is impressive, but it also raises the question: why were departments paying so much more before? The real test will be whether the TCS revamp cuts delays, not just costs on paper.
Source: telanganatoday.com
This story was synthesised by AI from the source linked above.
