GeM is implementing the SAHAY project in collaboration with the Indian Software Product Round Table (iSPIRT), a non-profit tech think tank’s volunteer team.
The GeM-SAHAY portal can be used to provide frictionless financing for MSMEs on the Government eMarketplace, allowing them to obtain a loan at the Point of Order acceptance on the GeM platform.
The SAHAY platform is affiliated with the country’s leading lenders.
Using the portal, the loan payment will be instant, rather than the traditional principle of approving the loan, which usually does not end with the actual payment.
The GeM SAHAY platform is lender agnostic,’ allowing any lender that is duly regulated by the Reserve Bank Of India to participate and provide capital and smart collection accounts to GeM sellers.
Minister of Tribal Affairs, Shri Arjun Munda, inaugurated Second National Sickle Cell Conclave on the occasion of World Sickle Cell Awareness Day
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