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Government e Marketplace (GeM) is an online platform for public procurement in India. [1] The initiative was launched on 9 August 2016, by the Ministry of Commerce and Industry , Government of India with the objective to create an open and transparent procurement platform for government buyers. [ 2 ]
Rashtriya e-Market Services (ReMS) is established as a joint venture of Government of Karnataka (India) and NCDEX spot exchange limited with equal shareholding. It was conceived to blend public interest with the initiative of a private enterprise for establishing, operating, managing a specialized electronic trading platform called Unified Market Platform (UMP) for auctioning of farmer's produce.
The market is helping traders and exporters in procuring quality products in bulk, at one place and ensure transparent financial transactions. The Government plans to connect over 22,000 GrAMs , local farmers markets, with the platform.
Government of Arunachal Pradesh (joint venture, Government of India sold its stake to the Government of Arunachal Pradesh) 13: Madhya Pradesh Ashok Hotel Corporation: 2017: Government of Madhya Pradesh (transferred ownership to the Government of Madhya Pradesh) 14: Hotel Janpath: 2018: Bloom Hotel Group: 15: Bharatpur Ashok Hotel Corporation: 2017
A State-based Marketplace (SBM) is a state-specific online marketplace where American citizens and legal residents can comparison shop, apply, and enroll in subsidized health insurance plans via a government agency.
The government's data likewise show the real price of renting fell almost 27 percent in the first seven months after deregulation occurred. These results, Llach says, were a "cultural success" for ...
As per government, ONDC will charge 8–10% of the selling price of the product compare to 18–40% charged by Amazon and Flipkart. The commission rate is not fixed and will be decided by market forces. [56] Small retailers are also less to fear that the platform will open dark stores. [57] Restaurants will have access to customer data. [58]
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