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Rural SHGs to list products on GeM portal for govt buyers; 913 sellers from 11 states registered, over 400 products put up on sale
Business

Rural SHGs to list products on GeM portal for govt buyers; 913 sellers from 11 states registered, over 400 products put up on sale

In order to handhold and facilitate SHGs in uploading their products, GeM is assisting with product catalogue management, order fulfilment and bid participation.

Govt makes Rs 159-cr in procurement of coronavirus-related medical items through GeM in one month's time
Business

Govt makes Rs 159-cr in procurement of coronavirus-related medical items through GeM in one month's time

The commerce ministry launched GeM, an online platform for public procurement, in August 2016 with the objective of creating an open and transparent procurement platform for government.

Policy flip-flop on e-commerce: Preferential pricing to gain some market share has to be stopped in its tracks
Business

Policy flip-flop on e-commerce: Preferential pricing to gain some market share has to be stopped in its tracks

The government's recent flip-flop on opening of e-commerce to the so-called “non-essential” goods is just one of the many such flip-flops that the Government of India has made in the last 15 years on policies relating to modernisation of India’s retail sector

Govt clocks Rs 40,000 cr in public procurement transactions through online marketplace GeM; eyes to increase turnover to Rs 3 lakh cr
Business

Govt clocks Rs 40,000 cr in public procurement transactions through online marketplace GeM; eyes to increase turnover to Rs 3 lakh cr

Public procurement worth Rs 40,000 crore has taken place through the government's online marketplace GeM, Expenditure Secretary T V Somanathan said on Monday

Essential's latest device has perhaps the most bizarre design you have seen in recent times
News & Analysis

Essential's latest device has perhaps the most bizarre design you have seen in recent times

The Essential device in Andy's hand is a long elongated smartphone (?) with a punch-hole camera on the top-left.

Digital skilling and literacy coupled with academic curriculum revision needed for a 'Digitally Intelligent' India
News & Analysis

Digital skilling and literacy coupled with academic curriculum revision needed for a 'Digitally Intelligent' India

The distinction between policies for cyber world and physical world will gradually diminish.

Govt eyeing Rs 50,000-cr of public procurement through commerce ministry's online marketplace in current fiscal
Business

Govt eyeing Rs 50,000-cr of public procurement through commerce ministry's online marketplace in current fiscal

Public procurement worth Rs 50,000 crore is expected to take place through the commerce ministry's online marketplace GeM during 2019-20, an official said

Prime Minister Narendra Modi's Diwali gift to MSMEs: Good news, but implementation will be key
Business

Prime Minister Narendra Modi's Diwali gift to MSMEs: Good news, but implementation will be key

The present package given to the SME sector is noteworthy and falls well within the ambit of the 'Make In India' campaign wherein there is a serious attempt to strengthen the links of this sector with the rest of the economy.

Narendra Modi announces 12 sops for MSMEs, says sector second-largest employer after agriculture
Business

Narendra Modi announces 12 sops for MSMEs, says sector second-largest employer after agriculture

Prime Minister Narendra Modi announced 12 policies to give a boost to the MSME sector

Digital retail lending may hit $1 trillion in five years; digital disbursements witness five-fold rise, reveals report
Business

Digital retail lending may hit $1 trillion in five years; digital disbursements witness five-fold rise, reveals report

Digital retail lending has seen explosive growth both globally and in the country, a report by the Boston Consulting Group (BCG) said today, adding while the juggernaut was led by fintech, traditional lenders have now joined the fray.

Ola in talks with PSUs for `corporate' offering, to bring on board top 100 cos
Business

Ola in talks with PSUs for `corporate' offering, to bring on board top 100 cos

Using 'Corporate', organisations get benefits like centralised billing and customisation features that helps them save up to 60 percent on business travel.

E-marketplace launched for official Government procurement of goods and services
News & Analysis

E-marketplace launched for official Government procurement of goods and services

The Government has developed the GeM, a procurement system for purchase of goods and services of common use by the government buyers.