News Update

I-T - All dues including statutory dues owed to Central Government, if not part of Resolution Plan, shall stand extinguished: SCKarnataka assembly passes bill to double salaries of Ministers & MLAs amid worsening financial woesI-T- Delay in filing application for renewal of Section 80G merits condonation for representation before CIT(E), if such delay was caused due to error in filing Form 10A by consultant who was not well aware of procedure: ITATUS has deported 388 Indians since Jan: GovtI-T - Genuineness of transaction cannot be questioned when source is properly explained: ITATEU not to hurry to impose tariffs on American whiskeyI-T - CSR donations are allowed for deduction under section 80G : ITATColumbia Univ caves in to Trump’s demands with seminal changesMoS releases 'India Bioeconomy Report 2025'Trump nullifies legal status of over 5 lakh Latin AmericansI-T - Income from manufacturing activities shall be treated as eligible income for purpose of accumulation u/s 11(1), if artificial limbs for disabled persons were manufactured from property held in trust: ITATGerman Parliament passes bill to jack up military spendingC-DOT partners with Delhi IIT for AI-powered chatbot for disaster warningsPower outage leads to snafu at Heathrow airportCus - Valuation Rules provide that transaction value can be rejected if there are reasonable doubts about its truth or accuracy; as no identical goods were available, Rule 5 was correctly applied to determine value based on similar goods - Re-assessment of value upheld: CESTATIstanbul residents stage protests after Mayor’s arrest3.5 lakh houses approved under PMAY SchemeHamas military intelligence head tossed out, claims IsraelCus - Just because an auction is open to global bidders does not change the fact that sales occurred in Ireland's domestic market, since the customs valuation relied solely on these auction prices, entire revaluation process is invalid : CESTATControversial Delhi HC Judge Justice Varma transferred back to Allahabad HCUnion Minister chairs meeting of House Panel on powerCX - Since the duty and interest had already been paid before issuance of show cause notice, no penalty is warranted : CESTATGovt enhances GeM Platform to boost inclusivity for women-led enterprisesST - As is trite law, reimbursable expenses incurred by service provider while providing service, are not to be included in taxable value; extended limitation not to be invoked where issue involves legal interpretation & not based on fraud or wilful mis-statement: CESTAT
 
Govt enhances GeM Platform to boost inclusivity for women-led enterprises

 

By TIOL News Service

NEW DELHI, MAR 22, 2025: THE Government has taken various measures to ensure that Government e- Marketplace (GeM) remains an inclusive and accessible platform for small and women-led enterprises. Some of these include:

Provision of Marketplace filters and product catalogue icons to distinguish product catalogues by women entrepreneurs in Direct Purchase/ L1 mode of procurement.

Forward market linkages for Women, Startups, Self Help Groups, Artisans & Weavers, One District One Product (ODOP), Farmers Producer Organisation (FPOs) etc. through the creation of 8 "vocalforlocal" GeM Outlet Stores.

Application Programming Interface (API) integration with Udyam MSME database for 2-step seller auto-registration on the GeM platform.

Strategic relationships through Memorandum of Understanding (MoUs) with key players namely; Laghu Udyog Bharati, Federation of Indian Chambers of Commerce & Industry Ladies Organization (FLO), Self Employed Women's Association (SEWA) among others from the Industry, Government and Not-for-profit sector.

Participation in Industry exhibitions, fairs, roadshows and events, etc., held at India Trade Promotion Organisation (ITPO)/ India Exposition Mart Limited(IELM)

Immersive Onboarding (from seller registration to product catalogue upload on the portal) of sellers, catalogue success stories of sellers for enhanced interest and engagement among prospective sellers.

35 Weekly Seller Onboarding Workshops conducted with MSME Organizations such as Laghu Udyog Bharati, Amazon Saheli, National Rural Livelihood Mission (NRLM), FICCI, Association of Lady Entrepreneurs of India (ALEAP) among others in current financial year.

As an end-to-end online marketplace, GeM complies with the relevant provisos of extant Government rules, regulations and guidelines governing public procurement. In line with the above, certain affirmative actions as mentioned below have been taken by GeM in respect of (a) Women led Micro & Small Enterprises, & (b) Startups

GeM provides marketplace filters and product catalogue icons to distinguish product catalogues by Women Entrepreneurs in Direct Purchase/ L1 mode of procurement, providing visibility and accessibility thereby facilitating compliance with the Public Procurement Policy for Micro and Small Enterprises (MSEs) Order, 2012 (as amended from time to time) by Government Buyers.

Startups recognized by the Department for Promotion of Industry and Internal Trade (DPIIT) can avail benefits such as exemption from Earnest Money Deposit (EMD) submission, exemption from prior turnover and prior experience on the GeM portal. GeM has created necessary functionality on GeM portal allowing buyers to provide such exemptions while creating the bids on the portal.

This information was given by the Minister of State for the Ministry of Commerce & Industry, Jitin Prasada, in a written reply in the Rajya Sabha yesterday.

 


POST YOUR COMMENTS
   

TIOL Tube Latest

Technical Session 1: Decoding New Income Tax Bill 2025



Technical Session 2 - Retrospective Taxation - Surge in GST Litigation - Possible Remedies.


Technical Session 3 : Sustainability - An Economic Imperative.