The GeM platform was created by the Indian Government to conduct trade and business free from any type of corruption and by following utmost transparency and efficiency. The platform provides a diverse range of products and services. All registered suppliers have access to the site, and government purchasers may choose the best value for their money from among the available possibilities
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Government e-Marketplace (GeM) growth has reportedly increased by 10 times over the last three years, according to Piyush Goyal, the Union Minister of Commerce and Industry.He appreciated and congratulated all the GeM stakeholders for the portal's success and development and for fundamentally altering the nation's public procurement system.
The emergence of technology has transformed many industries, and the government is no exception. Governments from all over the world have recently realized how effective and cost-effective electronic marketplaces (e-marketplaces) can be in streamlining procurement procedures. The Government e-Marketplace (GeM), a platform that has experienced tremendous growth in India, is one such endeavor. GeM has changed the way traditional procurement is done by using technology to increase transparency, streamline processes, and promote competition
Small businesses are essential to any economy because they foster innovation, generate employment, and support local communities. However, because of their limited resources and informational access, they frequently encounter difficulties when trying to compete in government procurement processes. The introduction of government e-marketplaces (GEMs) has given small enterprises a substantial opportunity to get beyond these barriers and succeed in the public sector
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