Key Facts

• Integration of GeM with the Railway e-procurement system towards the Unified Procurement System for buyers should be done expeditiously.
• There are over 52 thousand buyers and over 18.75 lakh sellers registered on the portal.
  • Its order value reached Rs 38620 crore in FY 2020-21.
• GeM has taken several covid-19 related initiatives, which includes prioritization of products/brand approval for the categories.
• New features and functionalities have been rolled out based on feedback from both Buyers and Sellers:
  • Various new bidding formats including Custom Item Bidding, BoQ-based bidding, Capacity based Bidding.
  • Procurement of Installation, Commissioning, Training and AMC/CMC along with Milestone-based payments.
  • Introduction of Interest penalty on Buyers for delayed payments.
  • Revamped Seller Ratings System

What is Government e-Marketplace ?

• Government e-Market Place hosted by Directorate General of Supplies and Disposals where common user goods and services.
• GeM is a user friendly portal for making procurement by Government officers.
• Public procurement forms a very important part of Government activity and reform in Public Procurement.

Public procurement refers to the process by which governments and state-owned enterprises purchase goods and services from the private sector.

• It aims to transform the way in which procurement of goods and services is done by the Government Ministries and Departments, Public Sector Undertakings and other apex autonomous bodies of the Central Government.
• Transparency in Procurement
  • GeM eliminates human interface in vendor registration, order placement and payment processing, to a great extent.
  • GeM is a completely paperless, cashless and system driven e-market place.
• National eGovernance Division (Ministry of Electronics and Information Technology) has developed GeM portal for procurement of both Products & Services.

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