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SWAYATT Initiative: GeM Marks Seventh Anniversary

9 March 20261 min read
GOVERNMENT SCHEMESSWAYATTInitiative: GeMMarks SeventhAnniversary9 March 2026safalsetu.com

Why in the news

Government e-Marketplace (GeM) celebrated the programme’s seventh anniversary, stressing fairer public procurement access.

Key facts

  • Aim: bring startups, women-led and youth-led firms into government purchasing.
  • Also encourages digital transactions via GeM and wider market access for small businesses.
  • Ajit B. Chavan, Additional CEO, presented the roadmap at GeM headquarters.
  • A documentary on the seven-year journey was screened.

About GeM

An online portal for transparent, paperless buying by government departments and public bodies.

Exam angle

  • SWAYATT began in 2019; ministry: Commerce and Industry.

Test yourself

1. Which body implements the SWAYATT initiative?

GeM implements SWAYATT under the Commerce and Industry Ministry.

2. When was SWAYATT launched?

It was launched on 19 February 2019.

3. SWAYATT is meant to help which groups join government procurement?

It targets startups, women entrepreneurs and youth-led firms.

This topic is part of Daily Current Affairs 8 & 9 March 2026 (16 topics).

All topics of the dayDay quizMarch 2026

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