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SPV to operate government e-marketplace portal for purchases

SPV to operate government e-marketplace portal for purchases

Thursday, April 13, 2017, 1:16 PM

Cabinet decided to set up SPV, a not for profit company, to operate government e-marketplace (GeM) portal to procure goods and services by all government departments and PSUs. The GeM SPV would provide end-to-end online marketplace for central and state government ministries, Public Sector Undertakings, autonomous institutions and local bodies, for procurement of common use goods and services in a transparent and efficient manner.
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