NMDC hosts Interactive Session on GeM Portal

The officials at the NMDC event

Team News Riveting

Hyderabad, June 9

Navratna CPSE, NMDC organized an Interactive Session with GeM Authorities on the existing and additional functionalities in the GeM Portal on 8-9 June, 2023 at its Head Office in Hyderabad.

Chief Manager, Product and Forward Action and Nodal Officer for NMDC Shailesh Kumar and GeM Facilitator of Telangana Shri Ravi Varma were the key speakers at the session. Deliberating on procurement of Products and Services through GeM Portal and disposal of materials through the Forward Auction mode in the GeM Portal, the speakers interacted with senior officials from NMDC.

NMDC has procured Goods and Services worth Rs 840 crore through the Government e Marketplace in FY23, surpassing its target of Rs 750 crore. The State Miner’s GeM procurement percentage is witnessing the fastest increase in Steel PSEs. NMDC has made procurement worth Rs 191 crore in
FY24 till 31, May 2023.

During the session, GeM officials highlighted the service category of Air Ambulance on GeM that could
benefit the company’s health infrastructure in Projects at remote locations.

NMDC officials suggested including Forward Auction of iron ore and other products through the GeM
Portal and also recommended features that can make the portal user-friendly such as updating new
developments on the homepage ticker.

NMDC’s senior officials from its Projects across India and employees from Materials, Finance, Contracts,
Commercial, C and IT and Vigilance departments participated in the Session to enhance future procurements
through GeM.

Amitava Mukherjee, Director (Finance) said, “NMDC promotes its vendors, especially MSMEs, to enlist on the National Public Procurement Portal and leverage the efficiency and transparency offered by GeM.”

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