Table of Contents
Who is owner of GeM?
Prashant Kumar Singh (Mar 25, 2021–)
Government e Marketplace/CEO
What is the GeM registration?
GeM or Government e-Marketplace is an e-commerce portal to facilitate and enable easy online procurement of consumer goods and services required by several government departments, associations, and public sector undertakings in India.
Who is managing GeM?
GeM is an online, end-to-end marketplace reform that provides an open, efficient & transparent solution. The platform was launched on 9th August, 2016 and is managed by GeM Special Purpose Vehicle, a 100\% Government Owned, Section 8 Company under the Department of Commerce.
Who can sell on GeM?
How to sell products on GeM login without Bid? Product & Services can be sold easily on the GeM online marketplace directly to government buyers, without any bid participation if the value of the product is less than INR 50,000/-.
What is the benefit of GeM registration?
GEM registration helps to authorize the manufacturer, small dealers and service providers to enter the wide and interactive online platform, where they can directly sell their products & services to various buyers from the government departments, organizations and PSUs.
Who can register on GeM?
Sellers on the Government E-Marketplace must have the following documents to be registered:
- PAN CARD.
- Udyog Adhaar or Company Registration or LLP Registration.
- VAT/TIN Number (if applicable)
- Bank Account & supporting KYC documents.
- Identity proof.
- Address proof.
- Cancelled cheque copy.
What is GeM caution money?
What is Caution Money? This caution money provision is being introduced for bringing discipline among sellers. All Sellers on GeM would be required to deposit a fixed amount with GeM as Caution Money deposit.
Who is competent authority on GeM?
For GeM, Primary User registration is authorized at the level of Deputy Secretary/Equivalent officer or Head of the Officers at Sub Centre / Unit / Branch of Government Organisation / PSU / Autonomous Bodies / Local Bodies / Constitution Bodies / Statutory Bodies.
What is government e marketplace?
A government E-marketplace is a place where government registered buyers can buy goods and services online from the seller. If you want to sell your products to the government offices or government ministries then you have to register under the Government E-Marketplace.
What is government eMarketplace gem and swayatt?
SWAYATT is an initiative to promote start-ups, Women and Youth Advantage through eTransaction on Government eMarketplace (GeM). This will bring together the key stockholders within the Indian entrepreneurial ecosystem to Government e-Marketplace the national procurement portal.
What is an e marketplace?
Definition: E- Marketplace. E-market place is a virtual online market platform where companies can register as buyers and sellers to conduct business to business transactions over the internet. The use of the internet has helped remove intermediaries in a transaction.
What is gem procurement?
Government e-Marketplace (GeM) is the National Public Procurement Portal for providing procurement of goods and services for Central and State Government Organisations. It is an online, end-to-end Marketplace for open, efficient & transparent procurement of goods and services.