GeM Marks Seven Years of SWAYATT Boosting Inclusive Procurement
ECONOMY & POLICY

GeM Marks Seven Years of SWAYATT Boosting Inclusive Procurement

Government e-Marketplace (GeM) marked the seven-year journey of the SWAYATT initiative, stressing efforts to make public procurement more inclusive for startups, women entrepreneurs and youth. Launched on 19 February 2019, SWAYATT was designed to democratise government procurement by enabling startups, women entrepreneurs, youth, micro and small enterprises, self help groups and last-mile sellers to participate directly through GeM. The initiative seeks to reduce entry barriers for emerging enterprises by widening access to government markets through digital procurement infrastructure.

SWAYATT concentrates on access to markets, access to finance and access to value addition, tackling challenges faced by emerging enterprises. The programme supports capacity building, outreach and dedicated storefronts such as Startup Runway and Womaniya to improve discoverability among buyers. A commemorative programme at the GeM office brought together policymakers, founders and ecosystem partners to reflect on impact and roadmap.

Senior officials including the Additional Chief Executive Officer, Ajit B. Chavan, presented perspectives on SWAYATT and representatives from NEDAR Foundation, the Ministry of Micro, Small and Medium Enterprises and the Department for Promotion of Industry and Internal Trade also addressed the event. Entrepreneurs recounted participation experiences on GeM, with founders from Club First Robotics and Surprise Someone describing how the platform enabled access to government markets and business scaling. The Chief Executive Officer of GeM, Mihir Kumar, said SWAYATT embodies GeM's vision of inclusive procurement through technology and partnerships.

The initiative's impact is reflected in transaction values and volumes. Women entrepreneurs saw cumulative order values rise from Rs12,656.2 mn in FY 2018–19 to Rs833,230 mn by FY 2025–26, while order volumes increased from 101,530 to 4,448,894. Startups recorded growth from Rs4,972.4 mn in FY 2018–19 to Rs540,058 mn by FY 2025–26, with volumes expanding from 17,434 to 530,578. These outcomes indicate that SWAYATT has helped convert digital access into market participation.

Government e-Marketplace (GeM) marked the seven-year journey of the SWAYATT initiative, stressing efforts to make public procurement more inclusive for startups, women entrepreneurs and youth. Launched on 19 February 2019, SWAYATT was designed to democratise government procurement by enabling startups, women entrepreneurs, youth, micro and small enterprises, self help groups and last-mile sellers to participate directly through GeM. The initiative seeks to reduce entry barriers for emerging enterprises by widening access to government markets through digital procurement infrastructure. SWAYATT concentrates on access to markets, access to finance and access to value addition, tackling challenges faced by emerging enterprises. The programme supports capacity building, outreach and dedicated storefronts such as Startup Runway and Womaniya to improve discoverability among buyers. A commemorative programme at the GeM office brought together policymakers, founders and ecosystem partners to reflect on impact and roadmap. Senior officials including the Additional Chief Executive Officer, Ajit B. Chavan, presented perspectives on SWAYATT and representatives from NEDAR Foundation, the Ministry of Micro, Small and Medium Enterprises and the Department for Promotion of Industry and Internal Trade also addressed the event. Entrepreneurs recounted participation experiences on GeM, with founders from Club First Robotics and Surprise Someone describing how the platform enabled access to government markets and business scaling. The Chief Executive Officer of GeM, Mihir Kumar, said SWAYATT embodies GeM's vision of inclusive procurement through technology and partnerships. The initiative's impact is reflected in transaction values and volumes. Women entrepreneurs saw cumulative order values rise from Rs12,656.2 mn in FY 2018–19 to Rs833,230 mn by FY 2025–26, while order volumes increased from 101,530 to 4,448,894. Startups recorded growth from Rs4,972.4 mn in FY 2018–19 to Rs540,058 mn by FY 2025–26, with volumes expanding from 17,434 to 530,578. These outcomes indicate that SWAYATT has helped convert digital access into market participation.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Sabarmati Riverfront Two Plots Up for Auction at Rs2.24 bn Base Price

Two commercial plots on the western bank of the Sabarmati Riverfront will be auctioned with a base price of Rs 112 crore each, equivalent to Rs 1.12 bn apiece and Rs 2.24 billion in total. The parcels are located adjacent to the Metro Rail Bridge in Ahmedabad and form the first commercial offering after a prolonged pause. The Riverfront Development Corporation has framed the sale as part of a phased commercial release to revive development along the riverfront. The combined base valuation has been set by the corporation to reflect market rates along the riverfront. The corporation has fixed a ..

Next Story
Infrastructure Urban

Andhra Pradesh to Connect Over One Million Streetlights

Andhra Pradesh will undertake a statewide smart streetlighting programme across all 123 Urban Local Bodies (ULBs), bringing around 1.05 million (mn) streetlights under an AI enabled monitoring and management system. The programme will be implemented by Energy Efficiency Services Limited (EESL) with the Commissioner and Director of Municipal Administration under the state Municipal Administration and Urban Development Department. The project aims to convert conventional streetlighting into a digitally managed municipal service monitored and maintained remotely. The initial phase will cover abou..

Next Story
Infrastructure Urban

AMC To Procure Four Machines For Guard Rail Cleaning

Ahmedabad Municipal Corporation will introduce four specialised machines for cleaning guard railings along major roads and the central verges of BRTS and Metro corridors. The civic body plans to replace manual labour with mechanised cleaning to improve maintenance of road infrastructure and greenery. The purchase is estimated at Rs 82.8 million (mn), excluding GST. The proposal sets the base price of each machine at about Rs 20.7 million (mn) so four units total Rs 82.8 million (mn) before GST. 18 per cent GST will be applicable separately. During the warranty period each machine will operate ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement