Start learning 50% faster. Sign in now
• Government e-marketplace (GeM) will launch fresh initiatives to woo states and the public-sector units (PSUs) under them to more than double their purchases of goods and services through the portal to breach the Rs 60,000-crore mark in FY23. • State governments and their PSUs bought goods and services worth Rs 31,175 crore through GeM in FY22. • GeM officials have drawn up a list of 11 key states for targeted interventions in FY23 to encourage them to ramp up their purchases through the portal. • These states are Maharashtra, Rajasthan, Haryana, Tamil Nadu, Assam, Chhattisgrah, Uttar Pradesh, Bihar, Madhya Pradesh, Karnataka and Gujarat. • Government e Marketplace (GeM) is an online platform for public procurement in India.[1] The initiative was launched on August 9, 2016 by the Ministry of Commerce and Industry, Government of India with the objective to create an open and transparent procurement platform for government buyers.
S, an entity had 500 units of product X at 30 June 2015. The product had been purchased at a cost of $18 per unit and normally sells for $24 per unit. R...
In which of the following situation will a call option will be called “out the money”?
Who has been appointed as the Executive Director (ED) by the Reserve Bank of India who will be looking after the Enforcement Directorate, Risk Monitorin...
What is the primary focus of business ethics?
Which of the following is/are feature/features of Income and Expenditure Account?
Which state received the highest Foreign Direct Investment (FDI) in Q1 FY25?
What is the key purpose of the new Multidimensional Vulnerability Index (MVI) launched by the UN?
What is the maximum credit guarantee cover on loans to startups in 27 priority sectors ?
Which of the following appears under the heading 'Reserves & Surplus' in the balance sheet?
The term float is used in: