The Government e-Marketplace (GeM) is an online platform launched by the Government of India to facilitate the procurement of goods and services by various government departments and public sector undertakings. It aims to enhance transparency, efficiency, and inclusiveness in public procurement. Here’s an overview of GeM portal services and how they function:

1. GeM Portal Overview

a. What is GeM?

  • GeM Portal: An online platform managed by the GeM Division of the Ministry of Commerce and Industry, designed to provide a one-stop shop for government procurement needs. It connects government buyers with sellers (vendors) to streamline the purchasing process.

b. Objectives:

  • Transparency: Promote transparent and fair procurement processes.
  • Efficiency: Reduce procurement time and costs through an automated platform.
  • Inclusiveness: Enable participation from a wide range of suppliers, including MSMEs (Micro, Small, and Medium Enterprises).
2. Services Provided by GeM Portal

a. For Sellers (Vendors):

1. Registration:

  • Vendor Registration: Sellers must register on the GeM portal to offer their products and services. The registration process involves submitting business details, tax information, and other required documents.

2. Product and Service Listing:

  • Catalog Upload: Vendors can list their products and services on the GeM portal, including details such as specifications, pricing, and quantities.
  • Dynamic Pricing: Update product prices in real-time to reflect market conditions.

3. Bidding and Quoting:

  • Response to Tenders: Participate in tenders and quotations issued by government departments.
  • Reverse Auction: Engage in reverse auctions where prices are bid downwards to win contracts.

4. Order Management:

  • Order Fulfillment: Manage and track orders received through the GeM portal.
  • Invoicing and Payments: Submit invoices and track payments for orders fulfilled.

5. Performance Monitoring:

  • Ratings and Feedback: Receive ratings and feedback from government buyers, which can impact future business opportunities.

b. For Buyers (Government Departments and PSUs):

1. Registration and Access:

  • Buyer Registration: Government departments and public sector undertakings must register to access the GeM portal for procurement activities.

2. Procurement Management:

  • Product and Service Search: Search for products and services from a wide range of categories.
  • Direct Purchase: Make direct purchases for low-value items through simplified procurement processes.

3. Tendering and Bidding:

  • Create Tenders: Issue tenders and solicit bids for higher-value procurements.
  • Evaluate Bids: Review and evaluate bids submitted by vendors through the platform.

4. Order Placement and Tracking:

  • Place Orders: Place orders directly through the GeM portal.
  • Track Orders: Monitor the status of orders and manage procurement workflows.

5. Reporting and Analytics:

  • Generate Reports: Access reports and analytics on procurement activities, vendor performance, and spending patterns.

3. GeM Portal Features

a. User-Friendly Interface:

  • Dashboard: Provides a centralized dashboard for managing orders, bids, and inventory.
  • Search and Filter: Advanced search and filtering options to find products and services efficiently.

b. Secure Transactions:

  • Encryption: Ensures the security of transactions and sensitive data through encryption and secure access controls.
  • Authentication: Implements authentication mechanisms to verify user identities and authorize transactions.

c. Integration Capabilities:

  • ERP Integration: Integrates with various ERP systems used by government departments and vendors for seamless data exchange.
  • E-Payment: Facilitates electronic payments and financial transactions.

d. Compliance and Reporting:

  • Regulatory Compliance: Ensures adherence to procurement regulations and guidelines.
  • Audit Trails: Maintains detailed audit trails for transparency and accountability.
4. Getting Started with GeM Portal

a. For Sellers:

  • Register: Visit the GeM portal and complete the vendor registration process.
  • List Products/Services: Upload and manage your product and service listings.
  • Monitor Opportunities: Keep an eye on tenders and procurement opportunities relevant to your offerings.

b. For Buyers:

  • Register: Sign up on the GeM portal to start using its procurement features.
  • Explore Catalogs: Browse through product and service catalogs to find what you need.
  • Issue Tenders: Create and manage tenders, and evaluate bids from registered vendors.

Bank Detail

UJJAWAL BHARAT FINTECH PRIVATE LIMITED

Account Number : 351105002002

Account Holder's name : Ujjawal Bharat Fintech Private Limited

Ifsc Code : ICIC0003511