GeM Portal 2024:- In India, many popular websites facilitate buying and selling goods, including the government-run GeM Portal. GeM, or Government e-Marketplace, is an official platform where various departments and organizations can trade services and goods. In this article, we’ll explore what GeM Portal is, its benefits, and how to use it for buying and selling.
GeM Portal
Contents
The GEM, or Government e Marketplace, is an online platform created by the government of India for the buying and selling of goods by various organizations and departments. This platform is open to both private and governmental entities, providing a focused marketplace for their transactions. The primary goals of GEM include eliminating corruption, enhancing transparency, and improving efficiency in government operations and procurement. GEM serves as a transparent and well-designed online marketplace where government agencies at different levels (federal, state, and local) can purchase services and goods in large quantities. Sellers and buyers can list items for auction or direct purchase on the platform, following specific rules and regulations. Interested parties simply need to register, and the highest bidder ultimately acquires the item.
Government E-Marketplace Portal 2024 Overview
| Portal Name | GEM Portal |
| GEM Full Form | Government E-Marketplace |
| Started by | Ministry of Commerce and Industry |
| Purpose | Government Marketplace |
| GEM Buyers | Government Offices |
| GEM Sellers | Enterprises and OEMs |
| Category | Govt. Scheme |
| GEM Portal | gem.gov.in |
Objective of GeM Portal
The main goals of the Government Electronic Marketplace (GeM Portal) are to reduce corruption, increase transparency, and improve efficiency in government hiring and procurement processes. Additionally, it aims to ensure that all government ministries and departments conduct their purchases of goods and services through the portal.
Benefits Of GeM Portal
Using the GeM Portal offers many advantages for both sellers and buyers.
Advantages Of Buyers
The GeM Portal offers a range of benefits for both buyers and sellers:
- Transparency and Convenience: GeM Portal ensures transparency and easy purchasing for buyers.
- Wide Product Listings: It provides diverse listings for various goods and services.
- Direct Purchases: Buyers can directly purchase items up to Rs. 25,000.
- GeM Pool Accounts: Eleven banks support GeM Pool Accounts.
- Competitive Bidding: Competitive bidding for purchases between Rs. 25,000 to Rs. 500,000 (L1 purchase).
- Flexible Purchasing Options: Buyers can purchase based on specific needs, trends, and price comparisons.
- Instant Notifications: Buyers receive direct notifications after purchasing items.
- Integrated Payment System: The portal offers a seamless payment system.
- User-Friendly Interface: Buyers benefit from an easy-to-use interface with search options and a user-friendly dashboard.
- Online Grievance System: An automated and powerful grievance system is available for buyers.
- Flexible Duration: Buyers can choose durations between 10 to 21 days for product delivery.
- Extended Delivery Period: Products can be delivered within 180 days.
- Pin Code-Based Seller Selection: Direct purchase mode allows seller selection based on PIN code.
- Customizable Terms and Conditions: Buyers can add specific terms and conditions to the library.
- Additional Deductions: Buyers can make extra deductions at the billing stage.
- Evaluation Preferences: Buyers can decide MSE (Micro and Small Enterprises) seller eligibility during technical evaluation.
- Cancellation Option: Buyers can cancel product contracts within 15 days after delivery, even if the invoice has been sent by the
Sellers Advantages
For sellers on the GeM Portal:
- Free Sign-Up: Sellers can register on the portal without any cost or fees.
- National Market Access: Sellers can connect with the national public procurement market.
- Special Support: There are specific rules and services for MSMEs and startups.
- Paperless and Contactless: Since it’s online, there’s no need for paperwork or repeated information. Transactions are simplified with just a click.
- Multiple Bills for Orders: Sellers can issue more than one bill for a single order.
- Feedback for Unsuccessful Bids: Sellers receive feedback on why their bid was unsuccessful.
- Dashboard Management: Sellers have access to a dashboard for easy tracking of payments and supplies.
- Improved Business Cockpit: Enhanced features like new chart widgets and additional parameters are added based on input from OEM and MAIT.
- Exemption for Certain States: Sellers from North Eastern states and J&K are exempt from certain regulations during bidding.
- Flexible Pricing: Prices can vary based on market conditions.
- Direct Communication: Sellers can directly interact with government agencies and affiliated groups.
Required Documents for Registration on GeM Portal
To register on the GeM Portal, you need:
- ID or Aadhar Card: Personal identification document.
- PAN Card: Essential for GeM registration.
- Bank Account: Bank details are necessary for GeM services.
- GST Certificate: Proof of Goods and Services Tax registration.
- CIN (Company Information Number): Company’s unique identification number.
- Registered Office Address: Official address of the company.
- Factory/Warehouse Details: Location information for manufacturing/storage.
- MSME Certificate: Certificate confirming Micro, Small, and Medium Enterprise status.
How to Registration On GeM Portal for Seller?
To register as a seller on the GeM Portal:
- Visit Official Website: Go to the GeM Portal’s official website.
- Sign Up: Find the sign-up option in the menu on the homepage.
- Choose Seller Option: Select “seller” from the options provided.
- Accept Terms and Conditions: Click on terms and conditions, read the document, and accept it.
- Provide Business Details: Specify your organization type and name. Click “Next.”
- Enter Personal Information: Fill in personal details and choose registration through PAN card or Aadhaar card.
- Verify Card Details: Complete the card details and verify, usually through email.
- Successful Registration: Once verified, your registration is successful, and an account is created.
- Log In: Go to the homepage, click login, and enter your user ID and password to log in.
- Update Profile: Validate company details, office location, bank account, and PAN validation.
- Open GeM-Linked Bank Account: Open a bank account linked to GeM, deposit caution money, and offer goods/services.
- Participate in Bidding: Sellers can easily participate in GeM bidding and receive orders.
How to Registered for Buyer On GeM Portal?
To register as a buyer on the GeM Portal:
- Visit Official Website: Go to the GeM Portal’s official website.
- Select Buyer Option: Find the sign-up option on the homepage and choose “buyer.”
- Accept Terms and Conditions: Click on the terms and conditions button and accept them by checking the checkbox.
- Enter Aadhaar and Mobile Number: Fill in the form with your Aadhaar number and linked mobile number. Verify your number with the OTP received.
- Complete Registration Form: Provide your username, password, and email address. Click “Create Account” to finish the registration. Email verification might be required.
- Login: Go back to the homepage, click the login button, and enter your credentials (user ID and password).
- Add Secondary Users (If Needed): Primary users can add secondary users by selecting the “User” button, choosing “Add User,” entering the details, and clicking “Add.”
How to Login into the GeM Portal?
To access GeM Portal:
- Visit gem.gov.in: Go to the official website https://gem.gov.in/.
- Click GEM Login: Find the button on the homepage toolbar.
- Enter User ID and Captcha: Provide your GeM User ID and solve the captcha code.
- Click Submit: After checking the box, click “Submit.”
- Enter Personal ID: Input your personal identification number.
- Access Your Dashboard: Your dashboard will display all your listed products.
For the detailed online login process, you can find it [here](link provided).
Conclusion
In 2024, GeM Portal continues to revolutionize government procurement in India. Offering seamless registration and login options for buyers and sellers at gem.gov.in, the platform ensures transparent transactions. Buyers can effortlessly navigate product listings and make purchases, while sellers benefit from streamlined registration processes and enhanced visibility. GeM Portal’s user-friendly interface and efficient procedures mark a significant leap in modernizing public procurement, fostering a transparent and accessible marketplace for both buyers and sellers in the digital era.
FAQ’s
How can I register on the GeM Portal as a buyer or seller?
Visit gem.gov.in, click on 'Sign Up,' choose your category (buyer/seller), fill in necessary details, and complete the registration process.
What documents are required for GeM registration?
Buyers need ID proof, Aadhaar, PAN, and bank details. Sellers require organization details, PAN, Aadhaar, and GeM-linked bank account.
What benefits do sellers get on GeM Portal?
Sellers gain access to a vast market, transparent bidding opportunities, direct contact with government agencies, and streamlined payment processes.
What if I forget my GeM Portal password?
Click Forgot Password on the login page, enter your User ID and follow the instructions sent to your registered email/mobile number to reset your password.
How do I log in to my GeM account?
Visit gem.gov.in, click GEM Login, enter your User ID and password, and complete the captcha to access your account.
Is there a registration fee for GeM Portal?
No, there is no registration fee for both buyers and sellers on the GeM Portal.
Jatin Dubey is a 26-year-old MBA student whose passion for storytelling and a deep love for literature have fueled his journey as an aspiring author. Born and raised in a small town, Jatin discovered the magic of words at a young age when he stumbled upon an old, dusty library tucked away in a forgotten corner of his neighborhood. As he delved into the world of books, he found solace and inspiration in the pages of classic novels and contemporary fiction.