UPSC Courses

DNA banner


  • 06 February, 2023

  • 5 Min Read

Government e-Marketplace (GeM)

Government e-Marketplace (GeM)

  • Gross Merchandise Value (GMV) for the Government e-Marketplace reaches Rs. 1.5 lakh crores.
  • The government's dedication to "Minimum Government, Maximum Governance" has been effectively supported by GeM.

About GeM:

  • Government e-Marketplace (GeM) is a very audacious move by the government to change how government ministries and departments, public sector undertakings, and other top autonomous organizations of the Central Government acquire products and services.
  • The GeM is a website that the Ministry of Commerce and Industry of the Government of India developed in 2016 to make it easier for different government agencies and organizations to purchase products and services.
  • All government agencies, businesses in the public sector, independent groups, and other organisations are welcome.
  • The GeM portal currently offers the employment of transport services along with more than 7400 products in around 150 product categories.
  • GeM is an entirely digital, cashless, and system-driven e-marketplace that makes it possible to purchase everyday goods and services with little to no interaction from humans.
  • Nation of origin Sellers must specify the Country of Origin each time a new product is registered on GeM.


  • GeM largely removes the need for human interaction during order placement, vendor registration, and payment processing.

  • GeM is an open platform that places no restrictions on legitimate vendors who want to work with the government.
  • Direct purchases on GeM can be completed in a matter of minutes, and the entire process is online, integrated from beginning to end, and equipped with online tools for determining price justification.
  • In comparison to other popular e-procurement systems used by the Government sector, the bidding/Reverse Auction (RA) facility on GeM is among the most transparent and effective for higher-value purchases.
  • GeM is an entirely secure platform, and both buyers and sellers electronically sign all documents on GeM at various stages.
  • GeM can entice more suppliers, particularly small and medium-sized businesses, to engage in government procurement procedures, increasing competition and improving the government's financial value.

Read Also: MSME Sector in India

Source: PIB

World bank logistic performance index 2023

India is now ranked 38th out of 139 nations in the Logistic Performance Index (LPI) 2023 of the World Bank. From its previous rankings of 44th in 2018 and 54th in 2014, this is a notable improvement. Earlier, the Logistics Ease Across Different States (LEADS) Report 2022 was published by the Ministry of Commerce and Industry. About Logi

Smuggling of Gold

Airports discovered more than 63% of this illegal gold. The Department of Revenue Intelligence recently conducted the Golden Dawn Operation across India, seizing 101.7 kg of illegal gold valued at Rs 51 crore. Despite the fact that India receives a legal import of about 800-1,000 tonnes of gold each year, the illicit market is thought to be

India-Thailand Relations

Both parties expressed satisfaction with the ongoing bilateral defence cooperation at the 8th India-Thailand Defence Dialogue, which was held in Bangkok, Thailand. Cultural ties and mutual cooperation that have been shaped by thousands of years of lasting historical and cultural ties characterise India and Thailand relations. Highlight

Translocation of Elephants

The Kerala government's appeal of the order of the Kerala High Court is rejected by the Supreme Court. The Kerala government's appeal against the Kerala High Court's directive to move Arikomban (Wild Elephant), the "rice tusker" of Munnar, to the Parambikulam tiger reserve was recently dismissed by the Supreme Court.

Global Buddhist Summit

Global Buddhist Summit In order to improve diplomatic and cultural ties with other nations, the Ministry of Culture recently organised the First Global Buddhist Summit 2023 in collaboration with the International Buddhist Confederation (IBC). About the summit "Responses to Contemporary Challenges: Philosophy to Praxis" is


Search By Date

Post Feed

Newsletter Subscription
SMS Alerts

Important Links