L Satya Srinivas Appointed CEO of GeM Portal
The Indian government has appointed L Satya Srinivas, currently serving as Additional Secretary in the Department of Commerce, as the additional CEO of the Government e Marketplace (GeM). This decision follows the recent appointment of the previous CEO, P K Singh, as secretary of the renewable energy ministry. Srinivas, an officer from the 1991 batch of the Indian Revenue Service (Customs & Indirect Taxes), will take on this crucial role, overseeing online procurement processes for all central government ministries and departments. The GeM portal, launched on August 9, 2016, aims to streamline and enhance the public procurement process.
P K Singh, who previously led the GeM initiative, has transitioned to a new role as the secretary in the renewable energy ministry, highlighting the government’s ongoing efforts to enhance leadership in key sectors.
Since its inception, the GeM portal has revolutionized government procurement, providing a digital platform for the purchase of goods and services, promoting transparency and efficiency in the procurement process for various government entities.
| Why in News | Key Points |
|---|---|
| Appointment of L Satya Srinivas | L Satya Srinivas appointed as Additional CEO of Government e Marketplace (GeM). |
| Current Position | Serving as Additional Secretary in the Department of Commerce. |
| Background | An officer of the 1991 batch of Indian Revenue Service (Customs & Indirect Taxes). |
| Previous CEO | P K Singh, former CEO, appointed as Secretary of the Ministry of Renewable Energy. |
| GeM Portal Overview | Launched on August 9, 2016, the GeM portal is a digital platform for government procurement, promoting transparency and efficiency. |
National News India's Energy Storage Requirement Projected to Reach 888 GWh by 2035–36 India's energy…
Switzerland has announced that the Geneva AI Summit will be held on 21st and 22nd…
OpenAI is planning to extend the access of its advanced GPT-5.6 artificial intelligence model, it…
The Employees Provident Fund Organisation (EPFO) has launched its upgraded Centralised IT Enabled Services (CITES…
Jaipur made a remarkable global achievement, as the city became the only Indian city to…
The International Monetary Fund (IMF) has revised the India's growth projection for FY2026-27 (FY27) and…