Centre plans inspection drives and field verification to ensure compliance (See 'Corp Brief') India continues to rank 3rd in Annual Forest Gain (See 'Corp Brief') RERA - Promoters are mandatorily required to comply with statutory condition of pre-deposit u/s 43(5) of Real Estate (Regulation and Development) Act, 2016 before appeal can be entertained: HC (See 'Legal Desk') Government intervention and Corporate governance (See CORP EINSICHT) Prof Sood launched 'AI Playbooks for Agriculture and SMEs' (See 'Corp Brief') SARFAESI - Once scheme of arrangement is sanctioned in particular manner and is acted upon, it is no longer permissible for secured creditor to resile therefrom unilaterally: HC (See 'Legal Desk') CCI nod to Setu AIF Trust to acquire stakes in Edelweiss Asset & Edelweiss Trusteeship (See 'Corp Brief') IPR - Mere adoption of product-by-process format would not result in novel product being downgraded to Section 48(b) of Patent Act: HC (See 'Legal Desk') CSIR hosts Capacity Building Workshop for Dissemination of Indian Knowledge System (See 'Corp Brief') Competition Act - issues pertaining to unauthorized business operations, public health & regulatory violations, not demonstrating any anti-competitive agreement or concerted action u/s 3 of the Act, cannot be looked into by CCI: CCI (See 'Legal Desk') 12 lakh Railway Employees working Day and Night during Festive Season: Vaishnaw (See 'Corp Brief') A&C - Restrictions contained in Code of Civil Procedure apply even in cases relating to enforcement of foreign arbitral awards: HC (See 'Legal Desk') Ministry of Mines introduces Timelines to Fast-track Operationalisation of Auctioned Blocks (See 'Corp Brief') RTI/IBC - Mechanism of the RTI Act cannot be commandeered for grievance redressal, policy suggestions, or compelling interpretations of prior responses: IBBI (See 'Legal Desk') Supreme Court Restores JSW's Resolution Plan in Bhushan Power Case: A Pragmatic Turn in IBC Jurisprudence (See CORP EINSICHT ) BSNL turns profitable after 18 Years: Scindia (See 'Corp Brief') IBC - Withdrawal of CIRP cannot be permitted merely on the basis of a unilateral settlement with one minor creditor, particularly when other bigger Financial Creditors oppose it: NCLT (See 'Legal Desk') Chouhan to meet Ministers of 11 Ministries for 'Pradhan Mantri Dhan-Dhaanya Krishi Yojana' (See 'Corp Brief') SEBI - PayTM founder held guilty of circumventing SEBI regulations to unlawfully grant ESOPs to self and brother by mis-representing promoter status and control - contravened disclosure & eligibility norms of SEBI - barred from accepting ESOPs for three-year period: SEBI (See 'Legal Desk') NITI Aayog's Women Entrepreneurship Platform and DP World launch 'We Rise' initiative (See 'Corp Brief') A&C - Mere pendency of formal signature by one party, when other party has signed agreement after reading its terms including arbitration clause, does not prevent parties from being referred to arbitration: HC (See 'Legal Desk') MoS unveils Curtain Raiser for 4-day India International Science Festival (See 'Corp Brief') PMLA - Secured creditor such as finance company not left without remedy, where properties acquired even prior to scheduled offence period are attached as value equivalent: SAFEMA Tribunal (See 'Legal Desk')

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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.

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