Which of the following statements is/are correct with reference to the Government e-Marketplace (GeM)?

Which of the following statements is/are correct with reference to the Government e-Marketplace (GeM)?

A. GeM is an online market place that was launched in 2016.

B. GeM started as the national procurement portal for “goods” and ”services” exclusively.

C. Both A & B

D. None of these

Explanation:

Minister of Railways, Commerce & Industry, Consumer Affairs and Food & Public Distribution Shri Piyush Goyal called upon Government e-Marketplace (GeM) to expand its scope and include more participants in GeM portal for public procurement of both Products & Services. GeM started as the national procurement portal for “goods” and ”services” exclusively, but in accordance with the vision laid down in the Budget Speech of FY 2020-21, GeM is moving towards becoming a “Unified Procurement System” for goods, services as well as “Works Contracts”. GeM is an online market place that was launched in 2016.