Replacement of name of DGS&D by Government e-Marketplace in General Financial Rules, 2017

Apr 18, 2019 | by Avantis RegTech Legal Research Team

The Department of Expenditure on April 02, 2019 has replaced the name of Directorate General of Supplies & Disposals (GDS&D) by Government e-Marketplace (GeM) in the General Financial Rules (GFRs) 2017. The Department of Commerce on 2018 had proposed changes in GFRs, 2017 and decided that to make changes in the GFRs 2017.

The changes have been made in the provisions like Rule 147, 149, 150, 155, 225(xiii) of the GFRs, 2017. It has also been decided to delete Rules 148, 156, 159(iv), 160(ii), 173(xv) and 174 (iv) of GFRs, 2017 related to rate contracts.


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