Saturday, April 27, 2024
-Advertisement-
Reimagining Public Sector Analytics
Reimagining Public Sector Analytics
HomeNewsGovTechUttar Pradesh banks on GeM portal, makes Rs 7,177 crore worth purchases in four years

Uttar Pradesh banks on GeM portal, makes Rs 7,177 crore worth purchases in four years

Follow Tech Observer on Google News
Google News

The central government-run e-marketplace (GeM) portal has reported a major spike in departmental purchases from . According to the state government data, purchases worth Rs 7,177 crore were made in the last four years through the (GeM) portal.

As per the government data purchases worth Rs 602 crore were made in 2017-18 through the portal which went up to Rs 1,674 crore 2018-19. Also, departmental purchases through the portal further went up to Rs 2,401 crore in 2019-20.

“The use of GeM portal reflected transparency and eliminated human interface in purchases which naturally diminished chances of corruption. The government is committed to ending corruption. Our efforts are also being appreciated at the national level,” additional chief secretary () Navneet Sehgal said.

In the current financial year till December, the UP government made purchases worth Rs 2,500 crore taking the total purchases in four years to Rs 7,177 crore. Till December last year, 71,814 sellers were registered with GeM out of which 26,029 are MSMEs.

Top state government official claim that the new purchase policy via GeM portal has helped the state in plugging massive corruption while ensuring transparency and improving procurement efficiency.

Get the day's headlines from Tech Observer straight in your inbox

By subscribing you agree to our Privacy Policy, T&C and consent to receive newsletters and other important communications.
Tech Observer Desk
Tech Observer Desk
Tech Observer Desk at TechObserver.in is a team of technology reporters led by a senior editor who brings latest updates and developments from the world of technology.
- Advertisement -
EmpowerFest 2024
EmpowerFest 2024
EmpowerFest 2024
EmpowerFest 2024
- Advertisement -EmpowerFest 2024
- Advertisement -Education Sabha
- Advertisement -Veeam
- Advertisement -Reimagining Public Sector Analytics
- Advertisement -ESDS SAP Hana

Subscribe to our Newsletter

83000+ Industry Leaders read it everyday

By subscribing you agree to our Privacy Policy, T&C and consent to receive newsletters and other important communications.
- Advertisement -

STMicro quarterly profit declines by 18.4% owing to slow demand

European chipmaker STMicroelectronics reported net revenues of $3.47 billion, marking an 18.4% decline compared to the same period last year. This downturn was particularly noticeable in the automotive and industrial sectors, although gains in personal electronics provided some balance.

RELATED ARTICLES