Where Every Purchase Finds a GeM

Key Highlights:

• The Government e-Marketplace (GeM) was launched on August 9, 2016, to digitize and transform public procurement.
• It provides a transparent, technology-driven platform for government buyers to procure goods and services.
• GeM has facilitated cumulative procurement worth over ₹20 lakh crore+ from nearly 25 lakh sellers and service providers.
• The platform supports key government initiatives such as Digital India, Make in India, and Aatmanirbhar Bharat.
• It has significantly expanded market access for Micro and Small Enterprises (MSEs), women-led enterprises, and startups.

Detailed Insights:

• GeM digitizes the complete procurement lifecycle, from seller registration to payment, ensuring efficiency, transparency, and accountability.
• It serves a wide range of government buyers, including Central and State Ministries, PSUs, Autonomous Bodies, and local bodies.
• The platform offers various procurement modes like direct purchase, e-bidding, and reverse auctions, supported by data-driven analytics for informed decisions.
• Strategic partnerships with entities like IN-SPACe, Drone Federation India, and UN Women enhance innovation and inclusive participation.
• Initiatives such as SWAYATT, Womaniya, SARAS Collection, and Startup Runway 2.0 promote market access for underserved communities.
• GeM Suvidha Kendras, established in partnership with CSC-SPV, provide local handholding to expand last-mile access to government procurement.

Key Concepts Involved:

• Government e-Marketplace (GeM): An online platform for public procurement of goods and services by government organizations.
• Digital India: A flagship program to transform India into a digitally empowered society and knowledge economy.
• Make in India: An initiative to encourage companies to manufacture their products in India and incentivize investment.
• Aatmanirbhar Bharat: A vision to make India a self-reliant nation across various sectors.
• Ease of Doing Business: Government efforts to simplify regulations and processes for businesses to operate in India.