Government e-Marketplace or GeM is an open platform and a one-stop shop where regular user goods and services can be purchased. It is a system driven e-marketplace. The GeM portal is a dynamic and user-friendly portal. It can be used for making procurement by various ministries and agencies of the Government.
Government e-Marketplace is hosted by DGS&D and the DGS&D with the technical support of the National e-Governance Division (Ministry of Electronics and Information Technology) has created the GeM portal.
The GeM portal was launched on 9th August 2016 by the Commerce & Industry Minister.
Public procurement is a significant aspect of government activity and reform. It is one of the top priorities and an extremely bold step of the current Government. The procurement on Government e-Marketplace has been authorized by General Financial Rules by rolling out important changes in government rules.
Presently you can find more than 7400 products in about 150 product categories. The hiring of transport service is also available on the GeM portal. Transactions of more than Rs. 140 Crores have already been processed through Government e-Marketplace.
Aim of Government e-Marketplace
To transform the purchase of goods and services that are done by the Government Ministries and Departments, Public Sector Undertakings (PSU’s), and other autonomous bodies of the Central Government.
Backdrop
Government e-Marketplace was proposed way back in January 2016 to Prime Minister Modi by two groups of secretaries. They suggested setting up of a committed e-market for various merchandise and services purchased or sold by Government/PSUs other than transforming DGS&D. In the budget speech of Financial Year 2016-17, the finance minister has announced setting up of a technology-driven platform to encourage procurements of goods and services by the government officials.
Advantages of Government e-Marketplace
GEM ADVANTAGES
For Buyers
For Sellers
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