SWAYATT Initiative

A celebration of "SWAYATT," a campaign to promote "Start-ups, Women and Youth Advantage Through e-Transactions" (SWAYATT) on the Government E-Marketplace (GeM) in New Delhi, was recently organised.

SWAYATT Initiative: What is It?

Under the direction of the Ministry of Trade and Industry, the programme was started in February 2019.
It brings together the important players in the Indian entrepreneurial ecosystem at the national procurement platform that is Government e-Marketplace.

Result Thus Far:

Enhanced Commercial Opportunities On the GeM platform, more over 8.5 lakh Micro and Small Businesses (MSEs) have registered, and they have received over 68 lakh orders totaling more than Rs. 1.87 lakh crore in sales.
Women's empowerment: More than 1.45 lakh female MSEs completed 7.32 lakh orders totaling $15,922 billion.
SC/ST empowerment: To date, 43000 SC/ST MSEs have fulfilled 1.35 lakh+ orders totaling $2,592 billion on the GeM platform.
Market to Farmers: With GeM, 105 Farmer Producer Organizations (FPOs) can currently offer the Government more than 200 Agro goods.

Government e-Marketplace: What is it?

GeM is an online market platform that was established in 2016 to simplify government ministries, departments, public sector enterprises (PSU), etc., purchasing of products and services.
It is intended to serve as India's national procurement portal.
It was created by the Ministry of Trade and Industry's Directorate General of Supply and Disposals with assistance from the National E-Government Division (Ministry of Electronic and Information Technology).
It is managed by the Ministry of Trade and Industry's Directorate General of Supply and Disposals (DGS&D).
GeM is an entirely digital, cashless, system-driven marketplace that makes it possible to buy everyday goods and services with little to no human interaction.

Source: PIB

Join Our Telegram

Voice clone-AI

Pradhan Mantri Suryodaya Yojana

06 Feb, 24
SHARE

Recently, Prime Minister announced Pradhan Mantri Suryodaya Yojana under which 1 crore households will get rooftop solar power systems. India’s Status of Current Solar Capacity India currently stands at 4th place globally in solar power capacity. As per Ministry of New an

Foreign Contribution Regulation Act (FCRA)- NGO

06 Feb, 24
SHARE

The Foreign Contribution Regulation Act, 2010 (FCRA) registration of two prominent non-governmental organisations (NGOs) — Centre for Policy Research (CPR) and World Vision India (WVI) have been cancelled this month. What is FCRA? Key provisions of FCRA, 2010 Key aspects Description

Voice clone-AI

06 Feb, 24
SHARE

Voice clone fraud has been on the rise in India. AI voice cloning – It is the process of creating a synthetic replica of a person’s voice through machine learning and speech synthesis technology.It is called as voice deepfakesor audio deepfakes. Objective – To achieve a high level of na

Science communication- how to promote

06 Feb, 24
SHARE

Steps taken by India to promote Science Communication Publications and Information Directorate (PID) - An organisation under Council of Science and Industrial Research (CSIR) established in 1951 for publishing and disseminating scientific information in India. National science magazines- The PI

Universal Basic Income (UBI)- Analysis

05 Feb, 24
SHARE

Universal Basic Income (UBI) can strengthen welfare architecture and unlock the nation’s latent demographic potential. UBI - It is an income support mechanism typically intended to reach all or a very large portion of the population regardless of their earnings or employment status. Objective- To provide enough to co