Question
As per the GFR rule applicable for GeM direct buying can
be adopted for purchase orders in the range: -Solution
The GeM portal shall be utilized by the Government Buyers for direct on-line purchases as under: (i) Up to Rs. 25,000 through any of the available suppliers on the GeM, meeting the requisite quality, specification and delivery period. (ii) Above Rs. 25,000 and up to Rs. 5,00,000 through the GeM Seller having lowest price amongst the available sellers (excluding Automobiles where current limit of 30 lakh will continue), of at least three different manufacturers , on GEM, meeting the requisite quality, specification and delivery period. The tools for online bidding and online reverse auction available on GeM can be used by the Buyers even for procurements less than Rs. 5,00,000. (iii) Above Rs. 5,00,000 through the supplier having lowest price meeting the requisite quality, specification and delivery period after mandatorily obtaining bids using online bidding or reverse auction tool provided on GeM (excluding Automobiles where current limit of 30 lakh will continue)."
Google Wallet's launch in India differs from its US version primarily by not supporting:
What is the primary objective of the 'WhatsApp Se Wyapaar' programme launched by the Confederation of All India Traders (CAIT) in partnership with Meta ...
Who is the CMD of REC Ltd.?
What technological initiative under e-NAM helps in the quality assaying of agricultural produce?
- Which district in Kerala recorded the biggest decline in rice production in Kerala according to the Economic Review 2024?
India and which country has signed an agreement for ‘practical cooperation between armed forces’?
- What is the name of Bihar’s campaign focused on rural women’s empowerment?
Which word has been named the most notable word of 2023 by Collins Dictionary?
What is the length of the submarine cable being laid by INCOIS near Wandoor, A&N Islands?
Which country ranks 72nd in the Artificial Intelligence Preparedness Index 2024?