SWAYATT

Context:

Government e-Marketplace (GeM) commemorates the success of “SWAYATT”.

What is SWAYATT?

It is an initiative to promote “Start-ups, Women and Youth Advantage Through eTransactions” (SWAYATT) on GeM.

It was first launched in February 2019 

Aim:

To promote the inclusiveness of various categories of sellers and service providers on the GeM portal

It facilitates training and registrations of women and youth manufacturers and sellers and encourages participation of the MSME sector and startups in public procurement.

About GeM:

GeM (Section 8 company set up in 2016) is a one-stop National Public Procurement Portal to facilitate online procurement of common use Goods & Services required by various Central and State Government Departments/Organizations/Public Sector Undertakings (PSUs).

Under: Ministry of Commerce and Industry

It is mandatory for government agencies to procure from the portal, goods and services available on GeM.

The portal also provides the tools of e-bidding and reverse e-auctionto facilitate government users achieve the best value for their money.