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    <title>Cabinet approves setting up of a Special Purpose Vehicle to be called Government e-Marketplace (GeM SPV)</title>
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    <description>Approval is granted to establish the Government e-Marketplace Special Purpose Vehicle as a Section 8 company to function as the National Public Procurement Portal, providing an end-to-end online marketplace for procurement of common-use goods and services by Central and State government entities, public sector undertakings, autonomous institutions and local bodies, prioritising transparency and efficiency; DGS&amp;D is to be wound up and cease functions by the prescribed closure date, with a permitted extension on justified grounds.</description>
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