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Govt makes it mandatory for departments to source from GeM

The move is aimed at bringing in more transparency and streamlining the government procurement, estimated at Rs 10,000 crore a year.

March 08, 2017 / 05:54 PM IST

The government has made it mandatory for all the departments and ministries to source goods and services from its e-market place.

The move is aimed at bringing in more transparency and streamlining the government procurement, estimated at Rs 10,000 crore a year.

The Commerce Ministry last year launched the government e-marketplace (GeM) for online purchase of goods and services by various central government ministries and departments.

The Finance Ministry has amended the General Financial Rules (GFRs) as per which it is now compulsory to procure items and services from this portal, an official said.