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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 ]
Tenders takes a visitor to the sub-site www.tenders.gov.in, a portal for tenders published by Indian government departments, public sector units, public sector banks, state government departments and other government organisations.
The auction took place over 2 days (starting 12 November and ending 14 November) and consisted of 14 rounds. The government received bids worth a total of ₹ 94.07 billion (US$1.1 billion), far lower than its target of ₹ 280 billion. No one bid on the India-wide spectrum, which had a reserve price of Rs 140 billion. [26]
The Government of India has social welfare and social security schemes for India's citizens funded either by the central government, state government or concurrently. Schemes that the central government fully funds are referred to as "central sector schemes" (CS).
A Dassault Rafale flying at Aero India 2017. The Rafale deal controversy is a political controversy in India related to the purchase of 36 Rafale multirole fighter aircraft for a price estimated at €7.87 billion (₹58,891 Crore) by the Defence Ministry of India from France's Dassault Aviation.
The main functions of the Fiji Procurement Office are to regulate and administer the procurement of goods, service and works for the government. [174] The Government Tender Board is "constituted with authority to approve all procurement of goods, services and works valued at FJ$50,001 and more".
The 597-foot Statue of Unity in Gujarat – the tallest statue in the world [1]. This is a list of megaprojects in India."Megaprojects are temporary endeavours (i.e., projects) characterized by large investment commitment, vast complexity (especially in organisational terms), and long-lasting impact on the economy, the environment, and society".
In 1969, Indira Gandhi's government nationalised fourteen of India's largest private banks, and an additional six in 1980. This government-led industrial policy, with corresponding restrictions on private enterprise, was the dominant pattern of Indian economic development until the 1991 Indian economic crisis . [ 15 ]