Breif About GeM Portal
Introduction to Government e Marketplace (GeM)
Hon'ble Prime Minister, based on recommendations of the Group of Secretaries, decided to set up a dedicated e market for different goods & services procured by Government Organisations / Departments / PSUs. This meant transforming DGS&D to a digital ecommerce portal for procurement and selling of goods and services.
Vision
To affect an evolution in public procurement promoting a transparent, efficient and inclusive marketplace.
Benefits of Registration of your Business or Service in GeM GeM offers a number of advantages to sellers. Some of the benefit are listed as under:
- Papaerless, contactless and Cashless registration.
- Direct access to over 43,000.
- Buyers’ organizations including Central government buyers, PSUs, all states and UTs.
- No middleman- sell directly to the government.
- Timely payments.
- Timely delivery acceptance.
- No more searching for tender notices in papers and magazines.
- Minimal marketing efforts and expense.
- Approximately 45% of contacts on GeM have been awarded to MSMEs.
- One stop shop for bids/ tenders of all products/ services procured by huge numbers of government buyers.
- Dynamic pricing allows MSEs to change price based on market conditions.
- Freedom from product registration.
- GeM portal has API integration with Udyam Aadhaar, sellers can validate their MSME status through Udyog Aadhar without the need to upload or submit any proof to any authority in GeM.
- GeM portal is working with MSME ministry for ensuring that items reserved for MSE are mandatorily procured from MSEs only.
- Minimal Manual intervention.
- Transparency and efficiency in procurement process.
- Provide optimal value for money to the registered user.
- Helps encourage small business units /individuals to do business with the government.
- Increase access for procurement like broader outreach, wider variety of goods and services.
