[the_ad_placement id=”adsense-in-feed”]
– globalbihari bureau
New Delhi: Government has made it mandatory for sellers to enter the “Country of Origin” while registering new products in Government e-Marketplace (GeM), a ‘Special Purpose Vehicle’ under the Ministry of Commerce and Industry.
The Union Ministry of Commerce and Industry stated on Tuesday that it would be mandatory also for sellers, who had already uploaded their products before the introduction of this new feature on GeM, to regularly update the “Country of Origin”.
[the_ad_placement id=”content-placement-after-3rd-paragraph”]
The Ministry warned that products without the “Country of Origin” shall be removed from GeM.
The Ministry explained that GeM had taken this step to promote ‘Make in India’ and ‘Aatmanirbhar Bharat’.
“GeM has also enabled a provision for indication of the percentage of local content in products. With this new feature, now, the Country of Origin as well as the local content percentage are visible in the marketplace for all items. More importantly, the ‘Make in India’ filter has now been enabled on the portal. Buyers can choose to buy only those products that meet the minimum 50% local content criteria,” it stated.
It further added: “In case of bids, buyers can now reserve any bid for Class I Local suppliers (Local Content > 50%). For those Bids below INR 200 crore, only Class I and Class II Local Suppliers (Local content > 50% and > 20% respectively) are eligible to bid, with Class I supplier getting purchase preference.”
It may be mentioned that the GeM aims at facilitating entry of small local sellers in public procurement, while implementing ‘Make in India’ and MSE Purchase Preference Policies of the Government. “GeM is enabling quick, efficient, transparent and cost-effective procurement, especially in this hour of need when government organizations require products and services urgently to fight against the Covid-19 pandemic,” a ministry release stated. The purchases through GeM by Government users had been authorised and made mandatory by Ministry of Finance by adding a new Rule No. 149 in the General Financial Rules, 2017.
[the_ad_placement id=”sidebar-feed”]