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इंडियन आवाज़     20 Apr 2024 12:09:56      انڈین آواز

Commerce Ministry starts e-marketplace for goods procurement

(Last Updated On: 17/07/2016)

The Commerce Ministry has launched an e-marketplace for online purchase of goods and services by various central government ministries and departments.

Commerce and Industry Minister Nirmala Sitharaman said the move is aimed at bringing in more transparency and streamlining the government procurement of goods and services.

The Directorate General of Supplies and Disposals (DGS&D) has developed the portal for the purpose. The department, which is under the Commerce Ministry, carries out the procurement.

Citing example of computers, she said if one wants a particular specification of a computer, various brands and specifications are available at the portal with cost. The minister said this is just a beginning and many more things are in the offing.

The DGS&D has asked the departments that for the success of the marketplace, it is necessary to upload the demands of common user goods and services required by government buyers.

This would help aggregate demand which will lead to lower prices, better choices and faster procurement.
E-commerce is a fast growing industry in the country.

According to a study, e-commerce market is likely to grow 10-fold in next five years to reach 100 billion US Dollars on the back of increasing penetration of Internet, smartphones and spread of digital network in rural areas.

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