Introduction of GeM registration
The Government e-Marketplace (GEM Registration) is an online platform established on August 9, 2016, by the Commerce and Industry Minister, in accordance with the Allocation of Business Rules, 1961. It is a procurement platform introduced by the Government of India (GOI) as part of the Make in India initiative. This platform serves as a mandatory channel for all government departments to purchase goods and services. It allows individuals to sell their products to government departments and also enables them to make purchases from the Government e-Marketplace (GEM) portal.
Government offices are required to procure their stocks exclusively from the GEM Portal. To engage in selling or buying on the GEM Portal, individuals must obtain GEM Registration, which comes in two types: one for buyers and another for sellers. The primary objective of GEM is to ensure efficiency, transparency, and speed in the procurement process for goods and services.
What is GeM registration?
GEM, the Government E-Marketplace, is an online platform operated by the Government of India. It serves as an e-commerce portal connecting sellers with government buyers. Its purpose is to streamline the process of procuring goods and services for different government departments and public sector undertakings.
To obtain GEM (Government E-Marketplace) registration in India, the following requirements are typically necessary:
GEM (Government E-Marketplace) registration in India provides several benefits to Buyers Here are some key advantages:
These benefits make GEM registration advantageous for buyers, facilitating efficient, transparent, and cost-effective procurement processes.
The procedure for applying for GEM (Government E-Marketplace)
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