Government e-Marketplace (GeM) Registration
GeM is an e-commerce portal handled by the government, where various Organizations, Government Departments and PSUs can acquire the goods and services that they need. The government under the Allocation of Business Rules, 1961 had initiated the GeM in the year 2017. This platform aims to facilitate a smooth process flow for the procurement of goods for govt. users
Benefits of Sellers on GEM Registration
- Assurance of Security: The portal is entirely safe as it undergoes multiple checks. The suppliers are verified and authorized by the government.
- Smooth Procurement: Traders can directly sell their products, worth Rs 50,000/- or less, to various government users.
- Startup Advantage: In order to promote Indian entrepreneurs, the government has allowed startups to register on GeM and even provides them with many exemptions.
- Transparency: With the elimination of middle-men, the process of procuring goods becomes simpler and efficient.
- Minimal Paperwork: Obtaining GeM registration requires the least amount of paperwork. Moreover, tenders are easily and smoothly allotted.
