Government e-Marketplace

Why is in news? GeM to organize District level Buyer-Seller workshops in Uttar Pradesh

• Government e-Marketplace (GeM), India's premier online procurement platform, is organizing Buyer-Seller Workshops in all the 75 districts of Uttar Pradesh from 12^th June till 31st August, 2023.
• These workshops aim to enhance the understanding of GeM's functionalities among buyers and sellers in the state, as well as provide a platform to address any queries or concerns they may have.
• The Buyer-Seller Workshops are a significant step towards ensuring accessibility and participation from every corner of the state.
• GeM believes in empowering buyers and sellers in the remotest districts of Uttar Pradesh by providing them with the necessary knowledge and resources to leverage the benefits of the platform effectively.
• These workshops will serve as a platform to address queries, provide guidance, and discuss any issues faced by the users at the district level.
• The workshops will also facilitate networking opportunities, enabling participants to connect with potential partners and explore business collaborations.
• GeM remains committed to facilitating seamless, efficient, and transparent procurement practices in Uttar Pradesh and across the nation. These Buyer-Seller Workshops are a testament to the dedication of GeM to empower every stakeholder and drive economic growth through digital innovation.

Government e-Marketplace:

• Government e-Marketplace (GeM) is a one stop portal to facilitate online procurement of common use Goods & Services required by various central and state government including its attached/subordinate offices, Central and State autonomous bodies, Central and State Public Sector Units and local bodies etc.
• GeM aims to enhance transparency, efficiency and speed in public procurement.
• It provides the tools of e-bidding, reverse e-auction and demand aggregation to facilitate the government users achieve the best value for their money.
• The purchases through GeM by Government users have been authorized and made mandatory by Ministry of Finance by adding a new Rule No. 149 in the General Financial Rules, 2017.

GeM advantages for Buyers:

• Offers rich listing of products for individual categories of Goods/Services
• Makes available search, compare, select and buy facility
• Enables buying Goods and Services online, as and when required.
• Provides transparency and ease of buying
• Ensures continuous vendor rating system
• Up-to-date user-friendly dashboard for buying, monitoring supplies and payments
• Provision of easy return policy

GeM advantages for Sellers:

• Direct access to all Government departments.
• One-stop shop for marketing with minimal efforts
• One-stop shop for bids / reverse auction on products / services
• New Product Suggestion facility available to Sellers
• Dynamic pricing: Price can be changed based on market conditions
• Seller friendly dashboard for selling, and monitoring of supplies and payments
• Consistent and uniform purchase procedures