Print Friendly, PDF & Email

GeM and CCI Sign MoU

Topics Covered:

  1. Statutory, regulatory and various quasi-judicial bodies.
  2. Transport and marketing of agricultural produce and issues and related constraints; e-technology in the aid of farmers.

 

GeM and CCI Sign MoU

 

What to study?

  • For Prelims: About GeM and CCI.
  • For Mains: Significance and the need for GeM.

 

Context: Government e Marketplace (GeM) and Competition Commission of India (CCI) entered into a Memorandum of Understanding to enable a fair and competitive environment in the e-Marketplace.

 

About GeM:

What is it? GeM is a state-of-the-art national public procurement platform of Ministry of Commerce and Industries, that has used technology to remove entry barriers for bonafide sellers and has created a vibrant e-marketplace with a wide range of goods and services.

GeM aims to enhance transparency, efficiency and speed in public procurement.

Features: It facilitates online procurement of common use Goods & Services required by various Government Departments / Organisations / PSUs. It provides the tools of e-bidding, reverse e-auction and demand aggregation to facilitate the government users, achieve the best value for their money.

 

Competition Commission of India:

It is a statutory body of the Government of India, responsible for enforcing the Competition Act, 2002 throughout India and to prevent activities that have an adverse effect on competition.