Objectives of Government e Marketplace


Gememarket1180

Uploaded on Jan 15, 2025

Category Business

Transparency - GeM seeks to eradicate the opaqueness linked to traditional government procurement practices by offering an open and transparent digital platform where all transactions are documented and accessible to relevant parties.

Category Business

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Objectives of Government e Marketplace

Objectives of GeM GeM was Established to Address its Three Key Pillars www.gem.gov.in Transparency - GeM seeks to eradicate the opaqueness linked to traditional government procurement practices by offering an open and transparent digital platform where all transactions are documented and accessible to relevant parties. www.gem.gov.in Efficiency -Through digitization and automation, GeM speeds up decision-making and delivery, saving government agencies time and effort when floating out government tenders for procuring products and services. www.gem.gov.in Public Savings: GeM assists in lowering government procurement expenses through bulk purchases and competitive bidding. Additionally, the platform removes the need for intermediaries, which lowers expenses even more www.gem.gov.in Inclusivity-: By enabling digital access from anywhere at anytime, GeM aims to encourage entrepreneurship and inclusive growth by giving pan-India sellers access to business-to-government domain, irrespective of their size. www.gem.gov.in www.gem.gov.in