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Boosting Employment: GeM's Contribution to Job Creation

  In the ever-evolving landscape of government procurement, the Government e-Marketplace (GeM ) stands out not only as a facilitator of streamlined processes but also as a significant driver of employment generation. GeM's innovative approach to procurement has not only redefined the way government entities acquire goods and services but has also emerged as a catalyst for job creation, especially within the small and medium enterprise (SME) sector. Let's delve into how GeM is playing a pivotal role in boosting employment opportunities across the nation. 1. Empowering Small and Medium Enterprises (SMEs) GeM's inclusive platform empowers SMEs by providing them with equal opportunities to participate in government procurement. As these smaller enterprises gain access to a larger market through GeM, they are compelled to expand their operations, leading to increased hiring. This inclusivity fosters a culture of entrepreneurship and contributes significantly to job creation, par...
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GeM's Support for Research and Development in Local Industries

In the dynamic landscape of government procurement, the Government e-Marketplace (GeM ) has emerged as a catalyst not only for efficient procurement processes but also for fostering Research and Development (R&D) in local industries. GeM's strategic initiatives and inclusive approach have positioned it as a key enabler in promoting innovation, sustainability, and growth within the fabric of local businesses. 1. Enabling Accessibility for Local Innovators GeM serves as a gateway for local innovators and businesses to participate in government procurement. By providing a centralized platform, GeM ensures that even small and medium enterprises (SMEs) and startups have an equal opportunity to showcase their products and innovations. This accessibility encourages a diverse range of local industries to engage in R&D activities. 2. Incentivizing Innovation Through Procurement Practices GeM's procurement practices are designed to incentivize innovation. The platform encourage...
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How the Government e-Marketplace (GeM) is Transforming the Procurement Landscape in India

The Government e Marketplace (GeM) serves as the Public Procurement Portal for all Central Government and State Government Ministries, Departments, Public Sector Units (PSUs), and affiliated organisations. GeM works to improve the transparency, efficiency, and inclusiveness of government procurement. GeM has the following advantages: It is a centralized and unified public procurement platform for state buyer organisations and suppliers of goods and services, and it is accompanied by: • Policy changes for the current public procurement ecosystem • Increased Inclusion and Ease of Doing Business (EoDB) with the • Process standardization supported by a regulatory framework • A fully automated system enabled by technological breakthroughs For a long time, India, which pays an estimated 20% of its GDP on public procurement, has struggled with the issues of decentralized purchase of regularly used commodities. While small-batch purchases lose the advantages of economies of scale, they are ...
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Ministry of Defence (MoD)

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  Kudos to the Ministry of Defence (MoD) for their incredible feat in procurement through GeM! In just 7 months of FY 2023-24, the MoD has shattered records, achieving a whopping GMV of ₹28,862 Cr, surpassing their own impressive record from the entire previous fiscal year.  Government e Marketplace (GeM)  is a 100 percent Government owned & National Public Procurement Portal. GeM is dedicated e market for different goods & services procured by Government Organisations / Departments / PSUs
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GeM Surpasses ₹4.29 Lakh Crore GMV Milestone Since Inception

Introduction India's Government e-Marketplace , commonly known as GeM, has achieved a significant milestone by surpassing ₹4.29 lakh crore in Gross Merchandise Value (GMV) since its inception. This remarkable achievement highlights the growing importance of GeM as a transformative platform in the Indian procurement ecosystem. In this blog, we'll delve into the significance of this milestone, the journey of GeM, and the impact it has made on India's public procurement landscape. The Genesis of GeM GeM was launched in August 2016 with the primary objective of promoting transparency, efficiency, and inclusivity in government procurement processes. It aimed to create a single, unified platform that connects buyers and sellers, thereby streamlining the acquisition of goods and services for various government departments and organizations. Significance of ₹4.29 Lakh Crore GMV The achievement of ₹4.29 lakh crore GMV by GeM is a testament to the platform's rapid growth and its ...
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Government e Marketplace

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  Get access to pan-India markets, now! Extending its reach to empower last-mile buyers. GeM has partnered with CSC- Village Level Entrepreneurs (VLE) for hassle-free facilitation of Panchayats on GeM. Further, GeM has integrated with eGramSwaraj for seamless procurement of products & services by Panchayats through GeM.
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GeM's Contribution to Make in India Promoting Domestic Products

  In the quest for economic growth and self-reliance, India's 'Make in India' initiative has taken center stage. This ambitious campaign, launched in 2014, aims to transform India into a global manufacturing hub by encouraging domestic production and reducing dependency on imports. One crucial player in this initiative is the G overnment e-Marketplace (GeM) , which has played a pivotal role in promoting and showcasing 'Make in India' products. The 'Make in India' Initiative: A Vision for Self-Reliance At its core, 'Make in India' is a visionary call to transform India into a manufacturing powerhouse. It seeks to capitalize on India's abundant labor force, technical expertise, and entrepreneurial spirit to boost domestic manufacturing across various sectors. The goal is to not only meet domestic demand but also position India as a competitive global exporter of goods and services. GeM's Role in Promoting 'Make in India' GeM, India'...
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