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Business News/ Politics / Policy/  Govt departments’ e-marketplace gets finance ministry’s clearance
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Govt departments’ e-marketplace gets finance ministry’s clearance

At present, most requests for office use items including computers and water coolers go through the Directorate General of Supplies and Disposal

Photo: Pradeep Gaur/MintPremium
Photo: Pradeep Gaur/Mint

New Delhi: In a move aimed at reducing corruption and cutting red tape, the finance ministry has approved the setting up of an online one-stop e-marketplace wherein government departments can directly purchase common use items from suppliers.

At present, most of the requests for office use items including computers, air-conditioners and water coolers go through the Directorate General of Supplies and Disposal.

Now, the directorate will host an online marketplace wherein government departments can make direct purchases from the suppliers. To begin with, purchases through the online marketplace have been made optional for government departments.

In the first phase, two items—computers and taxi rentals—are being included in the marketplace, according to the directorate’s website.

The departments have been given the option of choosing the supplier that meets their needs for purchases below 50,000. However, for purchases above 50,000, the government department will have to opt for the supplier meeting the specifications and quoting the lowest price.

The online marketplace will also provide tools for online bidding and online reverse auction which can be used by the buyer, the finance ministry said in a statement, adding that the request to create such a marketplace had come from the commerce ministry, under which the Directorate General of Supplies and Disposal operates.

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Published: 07 May 2016, 12:33 AM IST
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