All You Need to Know About India’s largest public procurement portal - Government e Marketplace (GeM)


Gememarket1180

Uploaded on Sep 26, 2024

Category Business

Government e Marketplace is a unified digital platform that facilitates end-to-end procurement of goods and services by various Central / State Ministries, departments, organisations, public sector undertakings (PSUs) Panchayats, Cooperatives etc. Our Prime Minister’s concerted efforts to harness the power of digital platforms to achieve ‘Minimum Government, Maximum Governance’ led to the genesis of GeM in 2016.

Category Business

Comments

                     

All You Need to Know About India’s largest public procurement portal - Government e Marketplace (GeM)

All You Need to Know About India’s largest public procurement portal - Government e Marketplace (GeM) www.gem.gov .in Introduction to Government e Marketplace is a unified digital platform that facilitates end-to-end prGocureemeMnt of goods and services by various Central / State Ministries, departments, organisations, public sector undertakings (PSUs) Panchayats, Cooperatives etc. Our Prime Minister’s concerted efforts to harness the power of digital platforms to achieve ‘Minimum Government, Maximum Governance’ led to the genesis of GeM in 2016. www.gem.gov .in Objectives of GeM was establiGshede to Maddress its three key pillars: • Transparency • Efficiency • Inclusivity • Public Savings www.gem.gov .in Features of GeM Several elements on GeM are intended to improve and expedite the procurement process: • User-Friendly Interface • Catalogue Management • e-Bidding and Reverse Auction • Integration with Other Systems www.gem.gov .in GeM GeM hIasn alwiayts piraiorittiseid vthee involvement of under-represented seller groups susch as Artisans, Weavers, Craftsmen, Women-led and SC/ST MSEs, Tribal Entrepreneurs, Startups, Self Help Groups, FPOs, Divyangjan etc., in the public procurement ecosystem. www.gem.gov .in REGISTRATION AND ONBOARDING • For Buyers • For Sellers www.gem.gov .in Why Choose GeM: Benefits for Stakeholders GeM offers numerous benefits to various stakeholders involved in the procurement process: • For Government Buyers • For Sellers www.gem.gov .in CONCLUSION Through automation and digitisation of processes, GeM has led to higher process efficiencies, better information sharing, improved transparency, reduced process cycle times, and a higher level of trust among bidders. This, in turn, has resulted in greater competition and higher savings. These innovations in GeM have also brought down waiting times and prices for buyers significantly and have ensured timely payments to sellers. www.gem.gov .in THANK YOU www.gem.gov .in