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Union Cabinet allows procurement by Cooperatives through GeM

Union Cabinet allows procurement by Cooperatives through GeM

  • The Union Cabinet, chaired by Prime Minister Narendra Modi has given its approval for expanding the mandate of Government e-Marketplace, GeMs to allow procurement by Cooperatives as buyers on it. 
  • Information and Broadcasting Minister Anurag Singh Thakur said, the move will help Cooperatives in getting competitive prices through an open and transparent process. 
  • He said, over 8.54 lakh registered cooperatives and their 27 crore members will benefit from the decision.