GeM Registration

The Government e-Marketplace (GeM) is a government-run e-commerce portal. It is a one-stop to facilitate and enable easy online procurement of the Consumer Goods & Services that are needed by various Government Departments, Organizations and PSUs.

The government under the Allocation of Business Rules, 1961 had begun the GeM in 2017. Main objective of the GeM is to ensure transparency, efficiency and promptness in the procurement of supplies.

What is Public Procurement?

Government offices, just like private companies, have to buy goods and services for their operational and office needs.

Public procurement (government tenders) refers to the process by which central, state governments and PSUs buy goods and services from the private traders and manufacturers.

As government procurement requires to follow strict procedures in order to ensure that the purchase process is fair, efficient, transparent and minimizes On-Site of public resources.

WHY OPT FOR GEM REGISTRATION?

With a GeM Registration, you can avail the benefits of smart trade & commerce offered by the government such as-

Public procurement (government tenders) refers to the process by which central, state governments and PSUs buy goods and services from the private traders and manufacturers.

• e-bidding,
• Reverse e-auction and
• Demand aggregation to aid the government users and get the best value for their money.

Benefits of Sellers on GeM Registration

Assistance in trade

All Government departments including Central, State Government and PSUs have to fulfill their purchase requirement only through sellers registered under the GeM portal. GeM registration has a great avenue for private companies business growth.

Direct Government Purchase

Traders can sell their products of value up to ₹50,000/- at fair prices directly to the government buyers without bidding just like amazon and Flipkart.

Special Benefits for Startups

There is an option for GeM registration as a startup on the GeM portal having unique and innovative product. The government has relaxed norms to procure goods from new Startup entrants.

Less paperwork

There is minimum paperwork required to obtain GeM registration. Moreover, there is an easy and fair process for tender allotment under the GeM portal.

Transparency

With online GeM portal- transparency, effectiveness, and speed have been enhanced during the procurement of required goods and services.

Benefits of Government buyers on GeM Registration

Buy Online

Under the GeM portal, Government officials can search and procure almost all goods & services on GeM portal and can enjoy flipkart & amazon like online buying experience.

Transparency

On the GeM portal, there is much transparency, effectiveness, and speed in the procurement of supplies which means that there’s fair trade.

Demand aggregation

Demand aggregation feature further helps government departments to explore and compare more buyers for procuring the desired goods based on lowest price and product specification.

Less Approval

With primary and secondary users facility under buyer GeM registration, government officials do not require approval every time placing an order from the GeM portal.