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 27-Feb-2025

SWAYATT Initiative

Miscellaneous

Why in News? 

Recently, the Government e Marketplace (GeM) celebrated six years of the SWAYATT initiative (Startups, Women & Youth Advantage through e-Transactions) in New Delhi. 

About  

  • Launched on February 19, 2019, to boost women-led enterprises and youth in public procurement. 
  • Aims to enhance social inclusion, ease of doing business, and direct market access for startups, Micro & Small Enterprises (MSEs), Self Help Groups (SHGs), and marginalized groups. 
  • Focuses on training, onboarding last-mile sellers, and promoting small-scale businesses in government procurement. 

 Government e Marketplace (GeM) 

  • Established in 2016 as India’s National Procurement Portal for government ministries, departments, and PSUs. 
  • Developed by the Ministry of Commerce & Industry with support from MeitY’s National e-Governance Division. 
  • A fully digital, paperless, and cashless platform ensuring transparent procurement with minimal human intervention.