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Government e-Marketplace, often referred to as GeM, is a pioneering initiative by the Indian government. It was launched in August 2016 with the primary aim of bringing transparency, efficiency, and accountability to the public procurement process. GeM serves as a one-stop online marketplace for government procurement, where government departments and agencies can buy goods and services directly from registered suppliers and service providers.
In today’s digital age, government operations are undergoing a significant transformation, with the adoption of technology at the forefront of these changes. One such transformational initiative in India is the Government e-Marketplace, or GeM. GeM is an online platform that has revolutionized the procurement process for government agencies and vendors alike. This article delves into the world of GeM, exploring its objectives, features, benefits, and its impact on India’s procurement landscape.
Government e-Marketplace (GeM) has emerged as a revolutionary platform that has modernized government procurement in India. Its objectives of transparency, efficiency, and inclusivity have been largely achieved, leading to substantial benefits for both government organizations and suppliers. GeM’s impact on India’s procurement landscape is undeniable, and its continued evolution holds promise for further transformation in the public procurement space. As India marches forward in its digital journey, GeM stands as a shining example of how technology can be harnessed for the betterment of the nation and its citizens.
Objectives of GeM
GeM provides an intuitive user interface that allows government buyers to browse, search, and select products and services easily.
It covers a vast array of product categories, including office supplies, electronics, furniture, vehicles, and even services like consultancy and transportation.
Suppliers and service providers can register on GeM, allowing them to showcase their products or services to government buyers.
GeM displays the price history of products, ensuring that buyers make informed decisions and encouraging competitive pricing among suppliers.
The platform supports e-bidding for tenders and reverse auctions, enhancing competition and driving down prices.
GeM integrates with various payment gateways, simplifying the payment process for government buyers and suppliers.
GeM uses digital signatures for authentication and authorization, making transactions secure and legally compliant.
Buyers and suppliers can rate each other, fostering accountability and quality in the procurement process.
Benefits of GeM
Cost Efficiency
Savings in Time
Enhanced Competition
Inclusiveness
Transparency
Reduced Corruption
Increased Accountability
