Government e-Marketplace
What is GeM Registration?
GeM registration's full form is Government e-Marketplace (GeM), an online platform for public procurement of goods and services by central and state government organizations.
Public procurement has always been an essential part of government activities. The government’s intention behind introducing GeM was to enhance transparency, efficiency, and speed in public procurement.
GeM provides the tools of e-bidding, reverse e-auction, and demand aggregation to facilitate the government users, achieve the best value for their money.
Why is GeM Registration important?
Government ownership has always been an important part of government operations. The government's purpose in introducing GeM was to increase public ownership transparency, efficiency, and speed. GeM offers e-bidding, reverse e-auction, and demand aggregation solutions to help government agencies get the best possible bargain. The Government e-Marketplace (GeM) is the federal government's e-commerce portal. It acts as a one-stop shop for the easy online purchase of consumer goods and services required by various government departments. The GeM's primary purpose is to ensure that supply procurement is transparent, efficient, and on schedule.
Benefits of Registering on GeM Portal
Access to National Public Procurement Market
Special provisions and sections for startups, MSMEs, and Emporium products
Fully online, paperless, and contactless platform
Multiple invoices for a single order
Easy access to participate in bids/ reverse auction
The clock has been enabled in RA to display the remaining time for seller participation
All sellers will be shown reasons for rejection
Seller friendly dashboard for monitoring supplies & payments
Seller belonging to North-East states and J&K are exempted from ITR at the time of bid participation
Dynamic Pricing - Price can be changed based on market conditions
Direct access to Government departments and their organizations
Preference given to DPIIT recognised startups to boost startups in India
Document Required as Seller on GeM Registration
Document Required as Buyer on GeM Registration
Brand Listing on GeM
Applicant can list their brand on the GeM portal easily whether:
Trademark registered
It could be related to a digital platform or service provided by the government.
Brand Owner but trademark not registered
Significant platform, ensuring its exclusivity can be essential.
Unbranded products
Offer cost-effective solutions for government procurement.