GeM is an abbreviation of Government e-Market Place which is an online marketplace where public usable goods and services can be acquired. GeM is an active, self supportive and user responsive portal which makes user interface easy.
Public procurement plays a vital role as it is one of the most important priorities of the current Government. Government e-Marketplace (GeM) aims to change the way where Government Ministries and Departments and PSU’s handle the procurement of goods as well as services.
Let’s discuss about some of the advantages of introduction of GEM portal.
Advantages of Gem portal
For buyers the advantages are different and for sellers also there are different advantages which are listed below:
Advantages for Buyers
Buyers can do search easily as there is proper categorisation of different goods/ services on the portal.
Buyers can do extensive search, can compare the products, do the selection and accordingly buy.
Goods and Services can be bought and availed anytime as this portal is available 24/7
Accomplish cashless and paperless transactions.
Everything is quite transparent and buyers are at an ease.
There is proper rating system available through which rating can be checked before buying
The dash board of the portal is User-friendly for buyers and to monitor the supply system as well as payments.
Its return policy is also buyer friendly.
Advantages for Sellers
Sellers get direct entrance to all Government departments.
Marketing cost is minimal as the portal is listing all the goods/services making it as one stop solution as the seller need not do the efforts involved in marketing.
Sellers can receive bids or auctions on products/services on the same portal.
Sellers also have the facility to suggest a New Product on the portal.
Price is not fixed as it can be updated according to the prevailing market conditions.
Seller responsive dashboard for selling and to monitor the supplies and payments.
Registration as a seller
Any person who does manufacturing or does marketing of genuine products or provides services can become a seller on the Government E-Marketplace (GEM) portal.
There are multiple categories of seller registrations which are as follows:
Original Equipment Manufacturer (OEM)
OEM Service Provider
Non OEM Service Provider
Following documents are required in order to get Seller registration on the Government E-Marketplace portal:
MSME Certificate (For individual)
Certificate of incorporation (For companies or LLPs)
Bank Account details
Class 3 Signature Certificate (If selling to the government)
Copy of Cancelled cheque
Active mobile number and email id (For OTP)
Following are the popular products which get quickly sold on the GEM portal
Computers, Desktop, Laptops, Tablets, and Computer Accessories like Mouse, Keyboards, External Hard Disk Drives, RAM, Pen Drive, Power Bank.
Paper, A4 (210mm X 297mm), Note Sheets, Note Books
Multi Media Projectors
UPS (Line Interactive and on-line)
Packaged drinking water
Some of the generally asked questions
Q1. How to login as establishment/office and users on gem?
There are generally Two Stages
• Step-1: Login as Organisation/Office
• Step-2: Login as Secondary Users
Steps to Procurement
• Login as a Buyer
• Go to the Market option
• Select the product category as required
• Filter down the selection by providing details of your requirement criteria
• Select the desired product and proceed with purchase or add to cart
The user can choose two filters:
In case Administrative Filter is chosen then
-Put the administrative filter
-Year of experience with government
In case Financial Filter is chosen then
-Put the financial filter
-Product amount range
-Annual turnover of the supplier
-PMA (Performance Monitor Enunciator) Value addition
-Profit & Loss of the supplier
Q2. What is the purchase process?
When the purchase amount is less than Rs 50, 000 then there is no need of doing the comparison and Buyer can select any product as per their specifications.
When the purchase amount is more than Rs 50, 000 then it is mandatory for the buyer to do comparison of the products first.
Q3. What are the purchase options?
There are 3 purchase options.
For the purchases in the above condition: Go on product of screen and select product at top of right for comparison of products maximum up to four products. Select the product(s). If the amount is less than 50, 000 then buyer can go for any product and Add to cart.
Bidding and Reverse Auction
• Bidding: Bidding is a competitive offer to set a price of the product or service by an individual or business for or a demand that something be done. Bidding is used to decide the cost or value of a product or service.
• Reverse Auction: A reverse auction is that type of auction in which there is role reversal of buyer and seller. In a reverse auction, the sellers compete with each other to obtain business from the buyer and prices will typically decrease as the sellers will bid lower than the other which is justified.
Why Choose NeuSource as Government E-Marketplace Consultant?
NeuSource is the market leader in GEM registration services in India. In addition to GEM registration, NeuSource alsooffers a variety of business registration services like private limited company registration, one person company registration, Nidhi Company Registration, Section 8 Company Registration, Producer Company Registration and Indian Subsidiary registration.
Email Id Swati@neusourcestartup.com and Phone Number 9540026175.
CS Vaishali Verma
Ideas are easy but Implementation is hard. If you're seriously passionate about something and you work hard, then I think you will be successful. Neusource helps you to make your start up successful.