DPE and SCOPE organizes ‘Interactive Workshop on Procurement by CPSEs through GeM
Shri Prashant Kumar Singh, in his address, commended DPE and SCOPE for conducting the workshop on a pertinent subject and shared that the growth of GeM has been phenomenal, owing to the participation of its stakeholders including CPSEs.
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DPE and SCOPE organizes ‘Interactive Workshop on Procurement by CPSEs through GeM
NEW DELHI- Department of Public Enterprises (DPE), in association with the Standing Conference of Public Enterprises (SCOPE), organized an ‘Interactive Workshop on Procurement by CPSEs through Government e-Marketplace (GeM).’
Shri Prashant Kumar Singh, IAS, CEO, GeM; Shri Animesh Bharti, Economic Adviser, DPE and Shri Atul Sobti, Director General, SCOPE addressed the inaugural session of the workshop. The program was attended by more than 300 senior officials from over 100 CPSEs from across the country.
Shri Prashant Kumar Singh, in his address, commended DPE and SCOPE for conducting the workshop on a pertinent subject and shared that the growth of GeM has been phenomenal, owing to the participation of its stakeholders including CPSEs.
Read Also : IndusInd Bank Q1 FY25 results, net profit at 2% YoYHe further added that as GeM facilitates a transparent and efficient public procurement process, CPSEs must work towards enhancing their GeM utilization ratio, and assured of continued support.
Shri Atul Sobti said that procurement is one of the most important aspects of a business as it determines not only financial prudence but also the goodwill of the business. He emphasized that owing to PSEs’ presence in strategic sectors, effective procurement becomes imperative for ensuring cost optimization and quality assurance.
Read Also : RBI issues guidelines on higher liquidity coverage ratio for retail depositsShri Animesh Bharti shared that the aim of the workshop was to guide and apprise participants on procurement and advised CPSEs, that achieving the target in procurement through GeM is very important.
The interactive workshop saw deliberations on GeM outlook for 2023-24, new features & functionalities introduced in GeM to make it simple and user-friendly for CPSEs.
GeM officials also highlighted the strong growth trajectory of GeM while recognizing the contribution made by CPSEs. The workshop also provided a platform for representatives of CPSEs to raise their issues and concerns relating to Products, Services, Payments, integration, and post-contract management before GeM Officials and get the same resolved.
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