42 reactions | The Cabinet has decided to onboard cooperatives as buyers on GeM portal. Over 8.95 lk registered cooperatives and 27 cr members would benefit Here's Prashant Singh, CEO, Government e Marketplace (GeM) in conversation with Sameer Dixit #CabinetBriefing #CabinetDecisions #UnionCabinet | ET NOW | Facebook

The forward auction module of the Government e-Marketplace(GeM) aligns with national priorities under 'Minimum Government, Maximum Governance', embedding speed, fairness, and value creation into the disposal of public assets. With departments now able to set reserve prices, define participation criteria, and monitor bidding, the asset disposal process has evolved into a transparent, competitive and value-maximising mechanism. - Generated by AI Read more at: https://www.pib.gov.in/PressNoteDetail