The Comptroller and Auditor General (CAG) of India has published a bid on the Government's e-Marketplace (GeM) to hire an agency for the design and conduction of its departmental examination. This bid, currently undergoing financial evaluation, pertains to an examination being conducted by the CAG headquarters.
GeM's CEO, PK Singh, has reassured users about the privacy and security of shared data, emphasizing the portal's impeccable security track record. Singh highlighted the burgeoning potential for the banking sector on GeM, noting the State Bank of India's (SBI) substantial bids and the anticipation of other banks following suit.
Furthermore, the power and coal sectors have also presented significant bids, prompting GeM to make contracts flexible by allowing specialized add-ons for enhanced safety. Singh elaborated on GeM's efforts to provide a library of add-ons within contracts, allowing buyers to customize their requirements.
The services on GeM have experienced phenomenal growth, evolving from ₹3,000 crores in FY 2019-20 to an expected figure of over ₹1.5 lakh crores this year. Initially centered on services such as manpower and vehicle hiring, GeM has expanded to encompass a wide array of services essential for government departments.
GeM now hosts comprehensive services, including insurance and specialised offerings for drones and aircraft. Notably, the Defense Ministry has recently procured 830 chartered aircraft for various routes in Jammu and Kashmir, Ladakh, and the Andaman and Nicobar Islands, with an order value of ₹142 crores. An additional bid of ₹148 crores has been published for a similar service.
Singh said that GeM's ongoing trial partnership with Uber is showing promising results and will be introduced publicly once fully successful. Additionally, GeM has collaborated with buyers and service teams to devise a model aimed at analysing the benefits of the new system to save time and money.
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