Business & Economy

Information about country of origin of products by sellers mandatory on GeM

NetIndian News Network

New Delhi, June 24, 2020

Government e-Marketplace (GeM), a Special Purpose Vehicle under the Ministry of Commerce and Industry, has made it mandatory for sellers to enter the country of origin while registering all new products on the platform.

Sellers, who have already uploaded their products before the introduction of this new feature on GeM, are being reminded regularly to update the country of origin, with a warning that their products shall be removed from the platform if they fail to update the information.

GeM has taken this step to promote ‘Make in India’ and ‘Aatmanirbhar Bharat’ (Self-Reliant India), an official pess release said.

GeM has also enabled a provision for an 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.

In case of bids, buyers can now reserve any bid for Class I Local suppliers (Local Content > 50%). For those bids below Rs 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.

Since its inception, GeM is working towards promotion of ‘Make in India’ initiative. The marketplace has facilitated the 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. The purchases through GeM by Government users have been authorised and made mandatory by the Ministry of Finance by adding a new Rule No. 149 in the General Financial Rules, 2017," the release added.

NNN

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