Precious Kashmir News
Srinagar, Nov 9: District Industries Center (DIC) Srinagar in collaboration with District Administration and Directorate of Industries and Commerce Monday conducted a one day online training programme cum webinar for registration of MSME units on GeM portal at DC Office here.
Government e-Marketplace (GeM) is a dynamic, sustained initiative of the Government to transform the way in which procurement of goods and services is done by the Government Ministries and Departments, Public Sector Undertakings and other apex autonomous bodies of the Government.
District Development Commissioner, Srinagar, Shahid Iqbal Chowdhary, Director Industries and Commerce Kashmir, Mahmood Ahmad Shah, General Manager, DIC Srinagar, Tazayun Mukhtar Kawos, Joint Director Industries and Commerce Kashmir, Fayaz Ahmad Fayaz, Assistant Director MSME, Srinagar, States Tax Officer Srinagar, representatives of various banks and 100 industrial unit holders participated in the event.
On the occasion, Business facilitator GeM (J&K), Kush Tyagi, gave a detailed presentation about registration of MSME unit holders on GeM portal.
While explaining the advantages of GeM portal, Tyagi said that based on the principles of efficacy, transparency and economy, the portal enables single window sale and procurement of all general goods and services through a simplified process.
He said the portal operates in real time and enables use of historical data and a feedback system for decision making, facilitating prudence in budget management, faster account settlement with timely payment to service providers, better price discovery and generation of auditory.
State Taxes Officer informed the unit holders regarding the importance of timely filing of GST returns and its reimbursement under GST regime.
Speaking on the occasion GM, DIC Srinagar Tazayun said that the focus of the webinar is to apprise the participants of the registration process on Government e marketplace, the bigger common platform for sale and procurement, which is now a mandatory purchase platform for all Government Departments.