Sign In
Learn bits
Science & Tech.
Mahesh

02/03/23 09:52 AM IST

SWAYATT

In News
  • A function was held to commemorate the success of “SWAYATT”, an initiative to promote Start-ups, Women and Youth Advantage Through eTransactions on Government eMarketplace (GeM) in New Delhi.
About SWAYATT
  • The initiative to promote “Start-ups, Women and Youth Advantage Through eTransactions” (SWAYATT) on GeM was first launched in February 2019.
  • The intent of SWAYATT 2019 was to promote inclusiveness of various categories of sellers and service providers on the portal, by taking proactive steps to facilitate their training and registrations of such specific category of manufacturers and sellers, develop women entrepreneurship and encourage participation of MSME sector and Start-ups in public procurement.
About GeM
  • Government e Marketplace (GeM) - GeM is a Section 8 company setup under the administrative control of the Department of Commerce, Ministry of Commerce and Industry, for procurement of goods and services by Central Ministries, State Departments, PSEs and Autonomous Bodies.
  • Social inclusion is a core value at GeM and we are focused on increasing participation from under-served sellers who face challenges in public procurement.
  • More than 1.45 lakh women MSEs have fulfilled 7.32 lakh orders worth 15, 922 Crore and approx. 43K SC/ ST MSEs have delivered 1.35 lakh+ order worth 2,592 Crore on the GeM portal so far.
Source- PIB

More Related Current Affairs View All

17 Sep

Reasons Behind the heavy rain in Uttarakhand, Himachal

'Dehradun and several other districts in Uttarakhand have experienced very heavy rainfall over the past few days, triggering landslides in multiple areas and causing rivers to swel

Read More

08 Sep

Rajasthan’s coaching centre Bill

'The Rajasthan Coaching Centres (Control and Regulation) Bill, 2025, is a significant piece of legislation passed by the Rajasthan Assembly to regulate and oversee the state's burg

Read More

28 Aug

IADT-1

'Recently, the Indian Space Research Organisation (ISRO) successfully carried out its first Integrated Air Drop Test (IADT-1), a crucial milestone in the preparation for the countr

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps