Learn bits
Defence & Security
Mahesh

02/06/22 07:31 AM IST

E-Concurrence Module Launched

In News 
  • As a significant step towards the Digital India vision of the Government, Government e-Marketplace (GeM) has developed an IT module for Ministry of Defence, for integration of competent financial authorities and Internal Financial Advisers (IFA) for online e-concurrence and approval of procurement proposals on GeM portal.
About Module
  • The module has been developed by GeM over the course of last one year, utilising Business Process Re-engineering (BPR)-based procedural inputs provided by the Ministry of Defence, Defence Accounts Department Headquarters and the Headquarters of the various defence services and other MoD organisations.
  • Procurement by Ministry of Defence (MoD) through Government e-Market (GeM) portal had reached an all-time high of Rs 15,047.98 crore for the Financial Year 2021-22, which is more than 250 percent over the last financial year.
Source- PIB 

More Related Current Affairs View All

10 Jan

Rural landowners in Delhi want repeal of Sections 33 and 81 of Delhi Land Reforms Act

'Both sections dealing with the use and sale of agricultural land have come under the spotlight ahead of the Delhi Assembly elections.' This can only be done by the Central gove

Read More

10 Jan

Pravasi Bharatiya Diwas

'Prime Minister Narendra Modi inaugurated the 18th edition of the Pravasi Bharatiya Diwas  in Bhubaneswar.' The event is held once every two years to “honour the cont

Read More

10 Jan

Deciphering the Indus script

'Recently, Tamil Nadu Chief Minister M.K. Stalin announced a $1-million prize for experts or organisations in the event of their success in deciphering the scripts of the Indus Val

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps