Cabinet approves Expanding the mandate of Government e Marketplace - Special Purpose Vehicle (GeM - SPV) to allow procurement by Cooperatives as Buyers https://www.taxtmi.com/news?id=25452 The Cabinet expanded the mandate of GeM SPV to permit registered Cooperative Societies to register as Buyers and procure goods and services on GeM. Onboarding will follow a validated list determined by the Ministry of Cooperation in consultation with GeM SPV; GeM will provide dedicated onboarding, technical infrastructure upgrades and support. Payment modalities and any transaction fees for cooperatives will be decided by GeM with the Ministry of Cooperation, and such charges shall not exceed those imposed on other government buyers. en-us Wed, 01 Jun 2022 18:38:57 +0530 Wed, 01 Jun 2022 18:38:57 +0530 TaxTMI RSS Generator Cabinet approves Expanding the mandate of Government e Marketplace - Special Purpose Vehicle (GeM - SPV) to allow procurement by Cooperatives as Buyers https://www.taxtmi.com/news?id=25452 The Cabinet expanded the mandate of GeM SPV to permit registered Cooperative Societies to register as Buyers and procure goods and services on GeM. Onboarding will follow a validated list determined by the Ministry of Cooperation in consultation with GeM SPV; GeM will provide dedicated onboarding, technical infrastructure upgrades and support. Payment modalities and any transaction fees for cooperatives will be decided by GeM with the Ministry of Cooperation, and such charges shall not exceed those imposed on other government buyers. News - Wed, 01 Jun 2022 18:38:57 +0530 https://www.taxtmi.com/news?id=25452