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Showing posts from January, 2023

What is GMV in the GeM portal?

The Governmente-Marketplace (GeM) serves as the Public Procurement Portal for all Central Government and State Government Ministries, Departments, Public Sector Units (PSUs), and affiliated organizations. GeM works to improve the transparency, efficiency, and inclusiveness of government procurement. GeM has the following advantages: It is a centralised and unified public procurement platform for government 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 Government (particularly for smaller organisations such as MSMEs) Process standardization supported by a regulatory framework A fully automated system enabled by technological breakthroughs The total worth of items sold through a client-to-client (C2C) exchange site over a certain period is referred to as the gross merchandise value (GMV). It is a measure of the business...

Government e Marketplace

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  GeM and CSC-SPV operated Jan Seva Kendra will work in a hub-and-spoke model. CSC will serve as the neighbourhood GeM facility to assist sellers and service providers in every corner of India by providing various services, from registration to product photography and upload. 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. It provides the tools of e-bidding, reverse e-auction and demand aggregation to facilitate the government users, achieve the best value for their money

Government e Marketplace (GeM)

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Great opportunity for SELLERS! GeM has partnered with Common Service Centres and India Post to leverage their existing infrastructure for its advocacy, outreach, mobilization, and capacity-building. 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.

Government's e Marketplace Will Soon Be Number One Public Procurement Portal - Says CEO

  Government e-Marketplace (GeM) is a one-stop website that allows various government agencies, organisations, and PSUs to acquire common goods and services online. GeM aims to improve the speed, efficiency, and transparency of public procurement. It provides e-bidding, reverses e-auction, and demand aggregation solutions to enable government users to get the most bang for their buck. All Central and State Government Ministries and Departments, as well as their affiliated or subordinate offices, Central and State Autonomous Bodies, Central and State Public Sector Units, local governments, and so on, may use the GeM portal for procurement. GeM is a completely paperless, cashless, and system-driven e-marketplace where you may buy everyday goods and services with little to no human interaction. To a large extent, GeM eliminates human interaction in vendor registration, order placement, and payment processing. The site was launched in August 2016 to enable all central govt minis...