Times of India | 3 days ago | 23-09-2022 | 08:26 am
PANAJI: Goan entrepreneurs who hopped onto the government e-marketplace (GeM) generated Rs 231 crore in revenue since the platform’s inception. The state government expects turnover to jump further if more entrepreneurs register on the portal. An end-to-end online marketplace for government departments to procure goods and services, the GeM portal has been able to bring about radical changes in the way the Centre, state governments and public sector undertakings procure the requisite goods and services. State nodal officer for GeM, Vikas Gaunekar, who is also additional secretary for finance, said there is great scope for GST-registered traders in Goa to register on the GeM portal. To date, there are 9,417 registered sellers from Goa on the portal, he said. “There is total transparency in the process. The platform has a very prompt payment system, so the GeM portal is a win-win situation for vendors as well as the government,” said Gaunekar at a programme organised for local entrepreneurs. “The paperless system provides seamless work. After registering on GeM, my business has grown from Rs 2.8 lakh to Rs 2 crore,” said Jyoti Rao Rerapalli of Jyoti Enterprises. Ashish Ranjan of Nidhi Enterprises, who supplies to the defence sector, has had a similar experience. “We registered on the GeM portal in 2019. We now get pan-India orders. This has benefited business a lot. Transparency increases when the number grows for bidding,” said Ranjan. Nishant Deengawal, director, states and Union Territories (GeM) said the e-marketplace aims for efficiency, transparency, and inclusivity. The portal has 62,000 registered government buyers and 50.9 lakh sellers and service providers with new product and service categories being added constantly. Currently, there are about 300 service categories and over 10,000+ product categories available on GeM.