Piyush Goyal suggest GeM for more transparency through AI

Union Minister Piyush Goyal, while reviewing the functioning of the Government e-Marketplace (GeM), warned officials to watch out for business malpractices like ‘cartelisation and collusion’ and suggested the GeM team to use Artificial Intelligence (AI) to avoid them.
The Minister for Commerce & Industry, Textiles, Consumer Affairs, Food & Public Distribution said AI would further simplify the system and as the volume of operations grow, AI would be needed to bring the most appropriate buyers and sellers together for transactions, according to a government statement.
Goyal asked for bringing more transparency to the system and added that operations should be audited regularly to ensure that all technical and financial aspects of GeM stay strong all the time.
He also asked officials to make GeM more user and commerce friendly so that ease of doing business can be further promoted. Officials were also directed to significantly reduce and cap the transaction charges so that more traders are attracted to the GeM portal.