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TOG NEWS

GeM & Punjab Govt sign MoU for Setting up GOTT
By TOG News Service
Sep 11, 2019

TOG NEWS SERVICE, CHANDIGARH, SEPT 11, 2019: GOVERNMENT e-Marketplace (GeM) under the Department of Commerce, Ministry of Commerce & Industry and Government of Punjab, signed MoU to set up a GeM Organizational Transformation Team (GOTT) Project Management Unit (PMU) in the state. The MoU was signed by Additional CEO, GeM, S.Suresh Kumar, and Director Industries, Government of Punjab, C. Sibin sign at Chandigarh yesterday.

GeM, the national public procurement portal launched in August 2016 had transformed the public procurement landscape in the country with transparency, efficiency and inclusion.  It has facilitated procurement worth over Rs. 34,000 cr of goods & services by various Government Departments, Organizations and PSU's.

To further strengthen and enable Government departments towards a market based procurement, Department of Expenditure, Ministry of Finance, Government of India has advised Ministries and Departments of Central and State Governments to consider services of GOTT on an outcome based self-sustenance model. GOTT will assist the buyer agency to redesign the procurement processes and enhance competencies to derive maximum benefit from the online marketplace.

Government of Punjab was the first State which would establish GOTT PMU for effectively utilizing this transformational initiative towards inclusive, efficient and transparent procurement. Among the CPSU's, SAIL had already signed MoU for setting up of PMU. Many other states and CPSU's are in the process of setting up GOTT PMU's.

It is projected that through the initiatives of GOTT PMU, Government of Punjab would be able to transact around Rs 1700 cr in terms of annual Gross Merchandize Value (GMV) on GeM platform in the first year and over Rs 3000 cr per annum, over a period of time.