The Government e-Marketplace (GeM) stands as a transformative platform, revolutionizing government procurement in India. Among its various features, the Micro and Small Enterprises (MSE) Purchase Preference holds a significant place, emphasizing the government's commitment to empowering small businesses.
The Government e-Marketplace, or GeM, has revolutionized public procurement in India. It's a transparent, efficient, and user-friendly platform that connects government buyers with sellers.
If you're a business owner or service provider aiming to tap into government tenders and contracts, GeM is your gateway.
This comprehensive guide will take you through the intricate process of participating in GeM bids, step by step, ensuring that you're equipped with the knowledge and tools to make the most of this powerful platform.
In the dynamic world of e-commerce and government procurement, the GeM (Government e-Marketplace) platform stands as a cornerstone of efficient transactions. However, even the best-laid plans can sometimes face unforeseen challenges, leading to the need for order amendments.
One such crucial amendment process involves the Expected Delivery Date (EDD) and the Delivery Period (DP) Extension.
In this blog post, we'll delve into the world of DP Extension, exploring its nuances, significance, and the freedom it offers sellers to adapt and excel.
The Government e-Marketplace (GeM) has revolutionized India's procurement process by providing a digital platform for government organizations and vendors to transact efficiently. As a seller on GeM, it is crucial to understand the TDS (Tax Deducted at Source) certificate upload process, which is mandatory for transactions or annual milestone charges exceeding 5 lakhs.
In the world of government procurement, the GeM (Government e-Marketplace) Portal has revolutionized businesses' interaction with public entities. As a seller on the GeM platform, it is a necessity to understand the different types of bids to effectively participate in the procurement process.
In the realm of government procurement, the GeM (Government e-Marketplace) has revolutionized the way businesses engage with public entities. As an Original Equipment Manufacturer (OEM) looking to participate in GeM bids, it is crucial to have the necessary documentation in place.
The GeM portal gained a lot of popularity in the e-commerce industry. It has some unique features like government buyers, L1 functionality, Bid and RAs. However, this is not the only reason behind its popularity. The availability of a wide range of products and services also makes it unique on the market. Today, we are going to discuss some products and services.
The Make in India initiative was launched by the Prime Minister in September 2014 as part of a wider set of nation-building initiatives. Devised to transform India into a global design and manufacturing hub, Make in India was a timely response to a critical situation. By 2013, the much-hyped emerging markets bubble had burst, and India’s growth rate had fallen to its lowest level in a decade. The promise of the BRICS Nations (Brazil, Russia, India, China and South Africa) had faded, and India was tagged as one of the so-called ‘Fragile Five’.
Buyers have two ways to procure goods and services from the Gem Portal. One is through Bid/RA and the other is through Direct Purchase.
The buyer can directly purchase goods or services up to Rs 25000. However, for orders valued between Rs 25000 and Rs 500000, the buyer must compare three different OEMs or service providers. These providers must meet the requirements for quality, quantity, specifications, and delivery period.