Leaving behind some of the renowned and big public and private players in the procurement sector, Government eMarketplace (GeM) emerged out as the winner in the “Best Use of Digital Technology” category at the CIPS Excellence in Procurement Awards 2021.
GeM made through and bagged the CIPS Award competing with names like Jaguar Land Rover, Royal Dutch Shell, GEP, Vendigital and Shell. The Government eMarketplace was shortlisted as a finalist in two more categories ‘Public Procurement Project of the Year’ and ‘Best Initiative to Build a Diverse Supply Base’. In these categories, GeM was placed alongside some big organisations with path-breaking initiatives. Rohit Vadhwa, First Secretary (Economic), High Commission of India received the award on behalf of GeM at the ceremony held in London on September 23.
The Awards held under the aegis of the Chartered Institute of Procurement & Supply (CIPS), London, are considered one of the leading recognitions in the procurement sector worldwide. CIPS is a global not-for-profit organisation and professional body which is dedicated to promoting good practices in procurement and supply management with a community across 150 countries.
Ministry of Commerce and Industry, in a statement, said that recognition of GeM on a global platform of this level is a great shot in the arm for the GeM team and a testament to Prime Minister Narendra Modi’s vision.
In order to bring in transparency, efficiency and inclusiveness in public procurement, GeM has taken several technology-based initiatives, the ministry added. The design and development of the GeM platform – its digital features and functionalities, key business processes as well as ancillary offline activities like outreach and training of stakeholders are based on the three goals of GeM – transparent, efficient and inclusive public procurement.
With its complete digital interface, GeM offers a cashless, contactless, and paperless experience for sellers and buyers and serves, making it an end-to-end solution for the procurement of common goods and services. Offering a unified and easy-to-use e-marketplace, GeM has completely replaced a previously fragmented public procurement ecosystem by helping to leverage competitiveness, accessibility and economies of scale of a diverse, open and transparent procurement system.
Government eMarketplace is a company cent per cent owned by the government under the aegis of the Department of Commerce, Ministry of Commerce and Industry for procurement of goods and services by the Union and State governments.