DoP, BSE sign MoU to expand Mutual Fund Access Across India (See 'Corp Brief') Cloud data centre capacity in India estimated to grow 4 to 5 times by 2030 (See 'Corp Brief') Scindia to address Gramin Dak Sevak Sammelan in Kolhapur (See 'Corp Brief') Semicon India Program developing complete ecosystem for Semiconductors (See 'Corp Brief') NITI Aayog releases report on Deepening the Corporate Bond Market in India (See 'Corp Brief') India showcases Green Hydrogen Mobility with NISE-Toyota Fuel Cell Vehicle Pilot (See 'Corp Brief') ESIC approves Annual Accounts, CAG Report, and Annual Report for 2024-25 (See 'Corp Brief') A&C - Difference or controversy as to rate of interest clearly falls outside scope of challenge on ground of conflict with public policy of India unless it is evident that rate of interest awarded is so perverse: SC (See 'Legal Desk') Goyal inaugurates NEST-02 at Santacruz Electronics Export Processing Zone (See 'Corp Brief') Steering Committee for PM Vishwakarma scheme approves several proposals (See 'Corp Brief') A & C - By awarding reimbursement for second regular meal & welcome drinks, arbitrator had created new contract between parties, amounting to breach of Sec 28(3), which is patently illegal and against public policy: SC (See 'Legal Desk') India's Food Revolution takes Centre Stage at Annapoorna Interfood 2025 (See 'Corp Brief') IBC - It is mandatory duty of RP to verify every claim received and maintain updated list of creditors with requisite details including amount admitted, claimed, and security interest: IBBI (See 'Legal Desk') NBA releases Rs.6.2 Crore as Access and Benefit Sharing funds to beneficiaries in 5 States (See 'Corp Brief') PMLA - Secured creditor can stake its claim by moving application before Special Judge, PMLA Court, even before conclusion of trial, if excess amount is realised during auction sale: SAFEMA (See 'Legal Desk') Gati Shakti Vishwavidyalaya & Amazon sign MoU to promote Knowledge Sharing (See 'Corp Brief') India-EU Ideathon on Marine Plastic Pollution concluded (See 'Corp Brief') IBC - Moratorium does not protect development rights under agreement that was validly terminated for corporate debtor's non-performance before initiation of insolvency proceedings: SC (See 'Legal Desk') 37 supercomputers with total computing power of 40 Petaflops deployed under NSM (See 'Corp Brief') Scindia highlights major expansion and modernisation of India Post Network (See 'Corp Brief') A&C - Objections to execution lie within narrow compass typically only where decree is inherently void or was rendered by a forum lacking jurisdiction and therefore cannot be used to frustrate final arbitral award: SC (See 'Legal Desk') Controller General inaugurates onboarding of MTNL Pensioners onto SAMPANN (See 'Corp Brief') Misc - Till matter is finally decided by trial court, subject matter of suit needs to be preserved: HC (See 'Legal Desk') PM-KUSUM registers Significant Progress: 10,203 MW Installed (See 'Corp Brief') Competition Law - If entities which participated in bid-rigging were cover bidders and not even present in relevant market, and their relevant turnover was nil, then their egregious nature of conduct attracts maximum penalty in terms of Sec 27(b): CCI (See 'Legal Desk') CCI okays proposed acquisition of certain stake in Schneider Electric India Pvt Ltd & Schneider Electric JV Holdings 2 Pte. Ltd. (See 'Corp Brief') CCI nod to proposed combination involving Curefit, Cultfit & Fitness First Luxembourg (See 'Corp Brief') SARFAESI - Provident fund dues must be paid out first from auction proceeds of defunct factory, ahead of claims of secured creditor (the bank), with remaining amounts to satisfy other debts: SC (See 'Legal Desk') India Post unveils Kerala's First Gen-Z Post Office Extension Counter at CMS College, Kottayam (See 'Corp Brief') Global Organic Market rises; India strengthens Exports with Revised NPOP (See 'Corp Brief') A&C - Mere use of term 'arbitration' in contractual clause does not by itself establish binding intent to arbitrate unless parties have clearly agreed to resolve their disputes through that process: SC (See 'Legal Desk') MOIL achieves Best-Ever November Production and Sales Performance (See 'Corp Brief') Power Minister commences COD of 250 MW 3rd Unit of Tehri Variable Speed PSP (See 'Corp Brief') Misc - Adequate treatment is available domestically, mere preference for foreign medical facility does not justify permitting accused facing serious economic-offence allegations to leave jurisdiction: HC (See 'Legal Desk') MoS flags Off Tirupati-Sainagar Shirdi Express (See 'Corp Brief') A&C - No party can invoke Section 11 after competent civil court has already rejected Section 8 application by holding that arbitration clause does not constitute arbitration agreement: HC (See 'Legal Desk') FAME outreach, Niveshak Didi scheme promoting safe banking practices: MoS (See 'Corp Brief') Rail Infra proposals Reviewed to Strengthen Integrated Logistics Network (See 'Corp Brief') IBC - Regulation 2B(3) will not justify unilateral forfeiture of entire Earnest Money Deposit, when scheme is rejected on technical grounds: IBBI (See 'Legal Desk') Smart Metering Adoption: 4.76 Crore Smart Meters installed (See 'Corp Brief') UDBHAV 2025: Telangana tops Medal Tally as Tribal Talent shines nationwide (See 'Corp Brief') PMLA - FIRs being fundamental documents based on which entire case was initiated by ED, failure to serve same is fatal omission on part of enforcement directorate: SAFEMA TRIBUNAL (See 'Legal Desk') Australia-India Education and Skills Council meeting to be held in New Delhi (See 'Corp Brief') RM appeals for generous contributions to Armed Forces Flag Day Fund (See 'Corp Brief') The Human Impact of Raipur-Vizag Corridor (See 'Corp Brief') A&C - Court's scope of inquiry u/s 11 is limited to prima facie examination of existence of arbitration agreement while adjudication u/s 8 is to be made for both existence & validity: HC (See 'Legal Desk') HM inaugurates newly-constructed Bio-CNG and Fertilizer Plant by Banas Dairy (See 'Corp Brief') NMDC signs MoU with IIT Kanpur to strengthen Cybersecurity (See 'Corp Brief') Misc - Decision of Lokpal cannot be challenged in judicial review if there is no procedural infirmity or irregularity in manner in which either CVC or Lokpal conducted inquiry: HC (See 'Legal Desk')

Print

GeM Samvaad - Users share feedback & inputs

Published: Jan 17, 2020

By TIOLCorplaws News Service

NEW DELHI, JAN 17, 2020: GeM Samvaad, a two month long national outreach programme was launched on December 17, 2019 to reach out to stakeholders across the country and also local sellers in order to facilitate on-boarding of local sellers on the marketplace while catering to specific requirements and procurement needs of buyers. The outreach programme took off from December 19, 2019 and during the launch week the States of Karnataka, Uttarakhand, Himachal Pradesh and Andhra Pradesh were covered.

GeM Samvaad is being conducted in all States and Union Territories. After the first four states the outreach programme has been held in J&K on January 05, Ladakh on January 07, Assam and Bihar on January 09 and in Chandigarh on January 08, 2020. All the outreach programmes witnessed overwhelming participation of buyers and sellers. GeM senior officers are steering the programmes. They are also interacting with buyers and sellers attending the events. Arrangements for the outreach programmes including logistics are made by the respective State Governments. The target is to reach out to all stakeholders and learn from their experiences on their usage of GeM portal. Through this outreach programme, GeM expects to make the actual users aware about the new features and functionalities of the portal and collect feedback, which is the first step towards GeM's 'Voice of Customer' initiative.

A Roundtable with Ministries/Departments & Central Public Sector Enterprises (CPSEs) was held on January 14, 2020 in New Delhi as part of GeM Samvaad. It was chaired by Secretary, Department of Commerce, Government of India and CEO GeM. More than 100 participants including Financial Advisors & nodal officers of Ministries, Departments, and representatives of CPSEs participated in the Roundtable and shared their feedback, challenges and suggestions.

The Commerce Secretary highlighted the need for full utilization of the potential of GeM. He stated that Rule 149 of GFR and directives of the Department of Public Enterprises make the procurement of goods and services by Ministries and CPSEs mandatory for goods and services available on GeM and the same should not be violated. The GeM is continuously working to bring all the items on-board and buyers should accelerate this process by providing specifications of categories and asking sellers to onboard GeM. He further emphasized the importance of timely payments to sellers and stated that buyers should ensure payments to sellers on time.

State Departments and Organizations and Public Sector Enterprises (PSEs) have been using GeM for their buying needs. Sellers from the States are also benefitting through the access to national Public Procurement market using the portal. Through GeM Samvaad the marketplace is looking forward to receiving feedback from users which will be used for making improvements and advancements in the system.

GeM has more than 15 lakh products and around 20,000 services, more than 3 lakh registered sellers and service providers and more than 40,000 Government buyer organizations. In its short journey of three years, GeM has processed more than 28 lakh orders worth Rs 40,000 crores in Gross Merchandise Value out of which 50% has been transacted by MSMEs.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.