Uttar Pradesh Becomes First State to Fully Implement GeM System
National
Uttar Pradesh has become the first state in India to fully implement the central government’s e-marketplace (GeM) system, replacing its old tendering system to eliminate corruption and ensure fair competition among suppliers. The shift is expected to save the state over Rs 2,000 crore annually and streamline procurement processes.
- The transition aims to eliminate corruption and ensure fair competition.
- Over 33 outdated procurement rules were cancelled on November 26, 2024.
Main Point :- (i) The new system is expected to save the state over Rs 2,000 crore annually.
- Implementation Date: November 26, 2024
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