Introduction Of GEM Registration (Government E-Marketplace)
The Commerce and Industry Minister launched the government e-marketplace (GEM Registration) on August 9, 2016, in accordance with the Allocation of Business Rules, 1961. Under the Make in India initiative, the Government of India (GOI) has mandated that all of its departments purchase goods and services through its online marketplace. This platform was created by the Indian government to buy stores. On the Government E-marketplace (GEM) portal, one can both buy and sell goods to government departments. Government offices are required to purchase equities from this GEM Portal. Only those who have earned GEM Registration are eligible to sell or buy on the GEM Portal. GEM Registrations come in two flavours, one for buyers and one for vendors.
GEM's goal is to provide efficiency, openness, and promptness in the acquisition of supplies of products and services.Government E-Marketplace (GEM)
The GEM, Government E-Marketplace, is an e-commerce portal under the Government of India. It is an online platform for sellers and Government buyers to facilitate the procurement of goods and services required by various departments or organizations of Government and Public Sector Undertakings (PSUs).
Facilities of GEM Registration
- Listing of products for individual categories of goods or services of common use.
- Marketplace buying majority of common user items.
- Look, estimate, compare, and buy facilities on a dynamic pricing basis.
- Buying or selling goods and services online as per requirement.
- Return Policy
IMPORTANT INFORMATION:
• Registration on GeM should be done only by an Authorized Person (Director of
the Organization or a Key Person/Proprietor)
• Details of the Authorized Person will get validated as per the Income Tax Return
Filing Primary Seller has an option to create Secondary Seller(s) to assign roles like
Bid Participation, Creation of Catalogue, Purchase Requisition, and Order
Fulfilment.
• The Secondary Seller should register using the same method (Aadhaar or
Personal Pan) as the primary seller.
Team GeM