GeM โ€” Government e-Marketplace: Complete 101 Guide

GeM โ€” Government e-Marketplace: Complete 101 Guide Last updated: March 2026 What is GeM? GeM (Government e-Marketplace) is a one-stop e-procurement platform for government buyers to procure goods and services from registered vendors. Objectives Transparent procurement Efficient government purchasing Support for MSME vendors Direct Benefit Transfer integration Key Features For Buyers (Government) Centralized procurement Standardized catalog Competitive bidding Automated payment processing For Sellers (Vendors) Easy registration Pan-India market access Prompt payment (T+2) Transparent bidding process Statistics (2026) Metric Value Total Transactions โ‚น5+ lakh crore Registered Vendors 50+ lakh Government Buyers 50,000+ Product Categories 10,000+ How GeM Works Procurement Process 1 Requirement โ†’ GeM Catalog โ†’ Seller Selection โ†’ Order โ†’ Delivery โ†’ Payment Bidding Types Type Description L1 Bidding Lowest price wins Reverse Auction Prices go down RA + L1 Best combo Direct Purchase Up to โ‚น25,000 Integration with ONDC GeM-ONDC Convergence Allows local sellers to join GeM Standard product catalog Broader market access Digital payment integration MSME Benefits Support for Small Businesses 25% price preference Fast payment (T+2) No tender fee Training programs Capacity building Consumer Rights (as Taxpayer) Transparent pricing Quality assurance Grievance redressal RTI access to procurement data

March 9, 2026 ยท 1 min ยท 191 words