PIYUSH GOYAL use AI to make GeM more transparent
Union Commerce Minister Piyush Goyal, while reviewing the functioning of the Government e-Marketplace (GeM), told officials to watch out for malpractices such as ‘cartelisation and collusion’ and advised them to use AI to avoid them. He says AI would simplify the system and as the volume of operations grow, AI would be needed to bring the most buyers and sellers together for transactions, as per an official statement. To make the system more transparent, Goyal added that operations should be audited to ensure that all technical and financial aspects of GeM stay strong. Advising that the GeM be made more user and commerce-friendly, Goyal says transaction charges be capped so that more traders are attracted to the portal.