GeM is an initiative taken and implemented by the Government of India with the help of an idea introduced by our PM Mr.NarendraModi
GeM provides a one stop Government e Market place to facilitate online procurement of common use Goods & Services required by various Government Departments / Organizations / PSUs.
GeM aims to enhance transparency, efficiency and speed in public procurement. 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.
GeM SPV provides an end-to-end online Marketplace for Central and State Government Ministries / Departments, Central & State Public Undertakings (CPSUs & SPSUs), Autonomous institutions and Local bodies, for procurement of common use goods & services in transparent and efficient manner.
GeM platform currently has 2,64,072 Products , 22,789 Buyer Organisations , 1,06,551 Sellers and Service Providers , 1,812 Services etc.
Continued use of GeM is likely to have a profound impact on not only the way the Government makes bulk purchases but also the underlying Governance function itself.
It helps to reduce the time of procurement by bringing in complete transparency in the procurement process.
It helps in getting and making available both the buyers and suppliers , the products at right point of time, place , Price from Right Source with Right Quality and Quantity.
The objective of this policy is to promote MSEs by enhancing their competitiveness through:
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