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GeM follows a rigorous vendor validation process, which includes a two-step contactless process, where online forms are used to submit and validate essential business documents.Mobile-application based video assessments are conducted to ascertain the credentials of the applicant. However, this is a one-time verification process. Tata Consultancy Services (TCS) will become GeM’s new technology partner, and will take control of the existing portal and build a new one. The portal is currently being managed by a consortium of companies, including Infibeam Avenues, which had a five-year contract. GeM’s revamped instant-credit disbursal initiative — GeM SAHAY 2.0 — will be made available for all businesses instead of only sole proprietorships. Banking and finance partners such as AU Small Finance Bank, ICICI Bank, Kotak Mahindra Bank, Lendingkart and Tata Capital, among others,have onboarded. The loan coverage will be up to Rs 10 lakh and the loan will be approved in 10 minutes. Through the GeM SAHAY initiative, all sellers will be able to get collateral-free loans at the point of acceptance of an order at competitive interest rates. It will provide the working capital required to complete an order.
The average number of books on history, polity and geography in a library is 165, and the average number of books on history and geography is 140. If th...
The average of 8 numbers is 12. If the 2 is added in 1st number, 4 is added in 2nd number, 8 is added in 3rd number and in the same way the number are a...
Average run scored by a batsman in 20 innings is 60. In next 6 innings, he scored runs with an average of ‘x’ so that his overall average increases ...
The average wage of a group of 44 labourers is Rs. 250. If 4 persons receiving average wage of Rs. 275 leave the group and 2 persons receiving average w...
The average age of 14 girls is 42 years. If the age of two more girl is added the average decreases by one and a half year. What is the sum of the age o...
Average of 8 numbers is 50. If average of first four and last two numbers is 40 and 35, respectively then find the fifth number given that ratio of fift...
The average score of a group of 12 students in a math exam is 75. If the highest score, which is 95, is removed from the average, what will be the new a...
Average weight of a team of 10 persons is 30 kg. When one more person joins the team, the average weight of the team increases by 3 kg. Find the weight ...
A batsman scores 87 runs in the 21st match of his career. His average runs per match increases by 2. What was his average before the 21st match.
Average of 8 numbers is 25. If average of first four and last two numbers is 15 and 40, respectively then find the fifth number given that ratio of fift...
