Context- The success of “SWAYATT” is commemorated on the Government e-Marketplace (GeM).
Key Highlights
- An initiative to promote “Start-ups, Women, and Youth Advantage Through e-Transactions” (SWAYATT) was commemorated on the Government E-Marketplace (GeM) in New Delhi.
SWAYATT Initiative
- The Ministry of Commerce and Industry launched the initiative in February 2019.
- It connects the most important players in the Indian entrepreneurial ecosystem to the national procurement portal, Government e-Marketplace.
Progress so far
- Enhanced Opportunities for Business: On the GeM portal, more than 8.5 lakh Micro and Small Enterprises (MSEs) have registered and received business worth more than Rs. 1.87 crore, distributed across more than 68 lakh orders.
- Women’s empowerment: 7.32 lakh orders worth 15,922 crores have been fulfilled by more than 1.45 lakh women MSEs.
- Giving SC/STs a voice: On the GeM portal, approximately 43000 SC/ST MSEs have delivered more than 1.35 lakh orders totaling 2,592 crores so far.
- Engage with Farmers: Through the Government e-Marketplace, 105 Farmer Producer Organizations (FPOs) are now able to sell more than 200 agricultural products directly to the Government.
Government e-Marketplace (GeM)
- GeM is an online market platform that was launched in 2016 to make it easier for government ministries, departments, and public sector undertakings (PSUs) to buy goods and services.
- It was intended to serve as India’s National Procurement Portal.
- It was developed with the technical assistance of the National e-governance Division (Ministry of Electronic and Information Technology) and the Directorate General of Supplies and Disposals (Ministry of Commerce and Industry).
- It is managed by the Ministry of Commerce and Industry’s Directorate General of Supplies and Disposals (DGS&D).
- GeM is an entirely paperless, cashless, and system-driven e-marketplace for common-use goods and services that allows for minimal human interaction in the procurement process.
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