Business

Govt e-Marketplace can become India’s Amazon, says Goyal

Govt e-Marketplace can become India’s Amazon, says Goyal

TIL Desk/Business/New Delhi/ A futuristic plan for India’s own e-commerce portal are afoot as Commerce and Industry Minister Piyush Goyal on Sunday said that he imagines the Government e-Marketplace (GeM) to become such a platform on the lines of Amazon and Flipkart to sell Indian products.

In his address at the closing ceremony of “India International Co-operative Trade Fair” (IICTF) here on Sunday, Goyal said that he has plans for the GeM portal which can be opened up for private businesses and private sector.

Government e-Marketplace (GeM) facilitates online procurement of common use goods and services required by various government departments and PSUs and aims to enhance transparency, efficiency and speed in public procurement.

Goyal said that GeM can become India’s own e-commerce portal on the lines of Amazon and Flipkart which can sell products which are made in India, heritage and traditional products and products from the co-operative sector.

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