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.

Significances:

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

Join Our Telegram

US Resumes Nuclear Weapon Testing

Formation Day

03 Dec, 25
SHARE

On 1st November, eight Indian states—Andhra Pradesh, Chhattisgarh, Haryana, Karnataka, Kerala, Madhya Pradesh, Punjab, and Tamil Nadu—along with five Union Territories—Andaman and Nicobar Islands, Chandigarh, Delhi, Lakshadweep, and Puducherry—celebrate their Formation Day. This date marks an important milestone in India

Turtle (Kachhua) Wildlife Sanctuary

02 Dec, 25
SHARE

The Turtle Wildlife Sanctuary, also known as the Kachhua Sanctuary, is located in the Varanasi district of Uttar Pradesh. It is recognised as India’s first freshwater turtle wildlife sanctuary, established to conserve endangered turtle species and support the ecological health of the Ganga River. Location and Extent The sanctuary co

Introduction of AI and Computational Thinking (CT) in

02 Dec, 25
SHARE

The Ministry of Education plans to introduce Artificial Intelligence (AI) and Computational Thinking (CT) from Class 3 onwards in the 2026–27 academic year. This initiative is part of the National Curriculum Framework for School Education (NCF-SE) 2023 and aligns with the National Education Policy (NEP) 2020. The aim is to prepare student

Sal Tree

02 Dec, 25
SHARE

Scientists from the Environment Department of Himachal Pradesh University (HPU) in Shimla have recently revealed that the Sal tree (Shorea robusta) is the most effective natural air purifier for combating rising pollution levels. Their findings highlight the tree’s superior capacity to trap dust, absorb gases, and cleanse the air compared

US Resumes Nuclear Weapon Testing

02 Dec, 25
SHARE

The President of the United States has ordered the resumption of nuclear weapon testing after a gap of 33 years, the last test being in 1992. This decision marks a significant shift in global nuclear policy and has far-reaching implications for geopolitics, the environment, and international security. Status of Global Nuclear Weapon Testing