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Showing posts from May, 2023

Government e Marketplace

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  Tours and travel service is now there on GeM to help you operate hassle-free domestic as well as international tour packages for your employees.  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 e Marketplace

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  GeM now has the revamped International Logistics Service! Buyers can now get their hands on logistic services from GeM in day-to-day and specialized handling of consignment from one country to another. 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.

Promoting Sustainability and Social Responsibility through Government E-Marketplace

The government e-marketplace (GeM) is a platform meant to make government procurement easier. It offers an online marketplace for the purchase of products and services, including everyday commodities like office supplies, laptops, and automobiles. Various federal agencies, public sector organizations, and state governments presently use the platform.  The GeM can support sustainability by promoting the purchase of environmentally friendly items. For example, the platform may contain filters that allow customers to search for ecologically friendly, energy-efficient, and low-carbon items. The platform may also compel vendors to publish information on their items' environmental effects, such as carbon emissions, water usage, and garbage generation. The GeM can help the development of sustainable practices and minimize the environmental effect of government operations by making it simpler for government agencies to acquire eco-friendly items. The GeM can also play an important role in...

The Impact of GeM on Small and Medium Enterprises (SMEs) in India

  Small and Medium Enterprises (SMEs) are vital to the Indian economy. They employ a huge number of people and contribute significantly to the country's GDP. SMEs in India, on the other hand, confront some hurdles, including restricted access to markets, money, and technology. The Indian government created the Government E-Marketplace (GeM) in 2016 to enhance openness, efficiency, and simplicity of doing business in public procurement.  IMPACT OF GEM ON SMEs Increased market access: Due to limited resources and a lack of visibility, SMEs sometimes struggle to get market access. GeM creates a fair playing field for suppliers, especially small and medium-sized enterprises, to participate in government procurement. This enhanced exposure and market access may assist SMEs in scaling up their operations, diversifying their client base, and building their brand recognition. Transaction costs are reduced since the traditional procurement procedure is time-consuming, costly, and pron...