Shine india monthly magazine published this article page no 21 cooperatives have been allowed to register on government e-marketplace gem) as buyers. the objective of this initiative is to enable cooperatives to procure goods and services from 40 lakh vendors on the gem portal thereby improving transparency in the procurement system and helping cooperatives to make some savings. cooperation is one of the seven fundamental principles of cooperatives hence the bigger cooperatives should mentor the weaker and smaller ones and ensure that these units retain their competitiveness in the market. cooperatives need policy and financial support services from the government shine india monthly magazine subscription.
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