The Tata Consultancy Service (TCS) has been chosen by the Centre or the federal government as their strategic associate to remodel the Authorities e-marketplace (GeM).
The platform is below the possession of GeM SPV (Particular Function Automobile), which is a Authorities owned NPO, (non revenue firm/organisation), undet Ministry of Commerce and Industries.
What does Authorities e-Market imply?
The Authorities e-marketplace or the GeM is an finish to finish platform of products and companies, working on-line for central our bodies and state authorities our bodies, together with the Public Sector Undertakings.
This idea was launched on August 9, 2016. It was the initiative undertaken by the Ministry of Commerce and Trade.
The target behind institution of such idea was offering an open and clear procurement on-line platform notably for the federal government patrons.
It’s a contactless and cashless transaction place, which, in 2016 changed the Directorate Basic of Provides and Disposals (DGS&D).
GeM Partnership with TCS
The announcement was made on 8 August, 2023, Tuesday, confirming the TCS because the strategic associate of GeM, accountable to remodel the e-marketplace and bringing in additional transparency and effectivity into the method.
The CEO of TCS, P Okay Singh, talked about that on partnering with TCS, GeM will likely be visioned to supply extra ease and transparency to execute enterprise actions.
He additional added, that the federal government is looking for TCS’s experience of managing missions of programmes.
The enterprise head, Public Companies at TCS, Tej Paul Bhatla, said from the software program firm’s perspective, displaying satisfaction to be added within the record of contributions to the Digital India.
Tata Consultsncy Companies (TCS)
This turns into the second authorities undertaking of to be dealt with by TCS, after agreeing with BSNL contract earlier this 12 months.
Comparatively to the opposite IT corporations, TCS has managed to construct a formidable report of dealing with and executing authorities initiatives. Among the TCS’s executed previous authorities initiatives embrace, Indian Railways IRCTC web site, and India Put up’s Digital undertaking in addition to offering companies for pension administrations, well being insurances and monetary inclusions. Moreover these, the contract of Passport Seva programme with TCS was renewed final 12 months, in settlement to the deal value Rs 8000 crore.
This undertaking will likely be taken into accountability by the TCS’s Public Companies India enterprise unit, which builds know-how led modern options, for the central and state authorities. Subsequently, the corporate will look into arising with new modern options concurrently wanting into present platform.
Goals of the TCS into this undertaking
TCS presently handles the GeM’s Gross Merchandise Worth (GMV), of practically Rs 2 trillion, which facilitates transactions between 70,000 purchaser organisations and over 6.5 million sellers and repair suppliers. These general include 80,000 MSMEs (center and small enterprises).
Eventhough, the Authorities e-marketplace has been a profitable initiative, some architectural challenges needed to be confronted. Henceforth, the Tata Consultance Companies purpose to resolve the involved difficulties and meet the requirement ends of each patrons and sellers.
Below the arms os TCS, the brand new GeM will likely be witnessing e-commerce and e-platform rules, that includes multi tenant and multi lingual, open supply and open API based mostly structure.
The corporate companies targets to make the platform scalable and design to accommodate six-fold progress within the Gross Merchandise Worth inside a interval of subsequent 6 years, in accordance to the statements made by the TCS.