GEM portal (Government E Marketplace) is run by Government to facilitate and enable easy online acquisition of the Consumer Goods & Services that are needed by various Government Departments and PSUs.
The government had started the GEM Portal in 2017 under the Allocation of Business Rules, 1961. GEM Portal is created to assure clarity, productivity, and promptness in the obtainment of supplies.
Benefits of Sellers on GEM Registration
Support in trade : Registration in GEM Portal will facilitate private business houses to sell their products to all Government agencies including Central, State Government, and PSUs to fulfil their purchase conditions. This listing has a great avenue for private corporations' business growth.
Direct Government Procurement : Government buyers can purchase products of value up to Rs.50,000/- at reasonable prices directly from GEM Portal.
Special Benefits for Startups : GEM Portal registration as a start-up is having diverse and innovative results. The government has informal norms to procure goods from new Start-up participants.
Less paper work: There is the least paperwork required to obtain GeM registration. Moreover, there is an accessible, easy and clear process for tender allotting under the GeM portal.
Transparency: With the online GeM portal- transparency, effectiveness, and speed have been enhanced during the procurement of required goods and services.
Service | Price | GST | Total |
---|---|---|---|
GEM Portal Registration | 1500.00 | 270.00 | 1770.00 |