The Government e-Marketplace (GeM) portal is a centralized location for the online purchase of goods and services for everyday use that are required by various government departments, organizations, and PSUs. The GeM portal was created by the department of commerce to make the previous public procurement tender process for government departments more transparent. The process by which state-owned businesses and government departments acquire products and services from the private sector to meet their operational requirements is known as public procurement.
GEM Portal
Along with inclusion, the GeM portal aims to improve efficiency, transparency, and speed in public procurement. Reverse e-auction, e-bidding, and demand aggregation are just a few of the tools it offers to help government buyers and users get the most for their money. The primary goal of the GeM portal is to make it easier for government departments to acquire services or goods with the right quality, quantity, and sources within specified timeframes. Government buyers and sellers must register in order to take advantage of the online GeM portal’s benefits. respectively.
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What is the GeM Portal?
A specialized e-marketplace established by the Hon’ble Prime Minister and based on the guidelines of the Group of Secretaries is known as the Government e-Marketplace (GeM) Portal. It makes it easier for government businesses, establishments, and public undertakings to purchase a variety of goods and services. This digital e-commerce portal, which was built in record time to enable the online procurement of common-use goods and services required by various government departments, organizations, and PSUs
GeM Portal Advantages for Sellers
- The market for National Public Procurement is made available to sellers.
- The registration process is free of charge.
- Several invoices for the same order.
- If the consignee rejects the goods, the sellers will be able to see the reasons why.
- Direct access to government departments and organizations.
- Price can fluctuate according to market conditions.
On the GeM portal, sellers can be individuals, startups, or even businesses. They can participate in government bids and auctions and easily list their goods on the portal for government organizations to purchase. As a result, the GeM portal makes the government’s public procurement process more transparent.
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GeM Portal Advantages for Buyers
- demonstrates openness and lists a variety of products for each distinct category of products and services.
- Comparison of prices and patterns from various suppliers.
- Simple user interface for searching, choosing, comparing, and purchasing Dashboard for monitoring supplies and payments that is simple to use.
- Services can be selected for multiple consignees.
- At the time of creating the bill, the buyers can make additional deductions. the easy return policy’s provision.
Step to Register Online on GeM Portal
Register for the Government e-Marketplace in 2024:
- Go to the official website of GeM.
- Select “Seller” from the “Signup” menu.
- After reading the terms and conditions, accept them.
- Enter the organization’s name that you have selected.
- Enter the Primary User’s Aadhaar or PAN number.
- Provide the Aadhaar/PAN-linked mobile number.
- Check the mobile number with an OTP.
- Enter the email address and check it.
- Set up a user name and password.
- Confirm the creation of the Primary User ID.
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Final Words
An online platform called the Government e-Marketplace (GeM) was created by the Indian government to make it easier for government departments, organizations, and public sector undertakings (PSUs) to buy goods and services. The portal aims to improve public procurement’s speed, efficiency, and transparency. To register as a seller, visit the official GeM website, select the Sign-Up option, select Seller, and follow the on-screen instructions to enter the required information, such as your mobile number, email address, and Aadhaar PAN number.