Published Paper Details:

Public procurement is one of the very necessary aspects that a nation can do, which refers to the practice of procuring goods and services on behalf of a government organizations. The procedure that governments go through to obtain the goods or services that are required in their various countries is referred to as procurement procedure. The expenditures made by various countries government all over the world amount for approx. 15% of the total GDP. There is a wide variety of different estimates on the percentage of India's GDP that is provided through public procurement, however most of them fall somewhere between 20% and 30%. When it comes to the budgets that are at their disposal, many departments within the Indian government allocate nearly half of it to the expenditures that are associated with public procurement. As a consequence of this, the requirement for honesty in the procedure for acquiring government contracts becomes not just a moral demand but an economic and a social one. As a means of resolving this issue, the Indian Government launched the portal Government e-Marketplace, often known as GeM, in the year 2016. In year of 2017 the General Financial Rules (GFRs 2017) of the government of India was updated, and one of the changes was the addition of a new enabling rule. This rule was intended to provide support for government policy, along with this; it also shows the intention of the government to bring reforms in this sector. Since then, this Business to Government (B2G) platform has eliminated many steps of human, sequential verification and decision making, which has resulted in significant reductions in the amount of time limit that is necessary for government procurement. Examining orders & documents revealed how GeM was implemented. We have statistics on 2017 and 2019 purchases. The gateway simplifies procurement, eliminates paper, provides a clear, time-bound method, and requires little human intervention. GeM helpdesk and GeMmy are used. After conducting this research, it was found that on GeM, serious quality assurance, rate contracts, extended warranties, annual and comprehensive maintenance contracts may require reform.