Govt e-Marketplace sellers report more business

More than Rs. 3 lakh crore worth of public procurement done on GeM so far

GN Bureau | September 19, 2022


#E-governance   #technology   #business   #commerce   #Government e-Marketplace   #GeM  
A number of GeM vendors shared their experiences in GeM Seller Samvad held in Mumbai on Monday.
A number of GeM vendors shared their experiences in GeM Seller Samvad held in Mumbai on Monday.

“My volume of business has increased ever since I registered on GeM (Government e-Marketplace) in 2017. Earlier, I could supply items only in the vicinity of my shop in Fort area and only within Mumbai. Now, I ship my products all over the country! I have tied up with India Post and three private courier service providers who pick up items from my shop and deliver in due time,” says Hitesh Patel, proprietor of Milan Stationers and Printers, a firm registered with GeM.

Umesh Nai, manager of Joseph Leslie Dynamics Manufacturing Pvt. Ltd – a fire safety equipment provider, says they got a total of 30 crore orders through GeM so far. “GeM has drastically reduced cost of doing business, especially in reducing need for travel in meeting prospective buyers. We are an MSME company and hence we get benefits for MSME vendors as provided by the portal. GeM is a very good platform, highly beneficial for a small company like ours.”

Ketan Choudhary, who represents MSME firm Omkar Enterprise, says that GeM has helped their business to grow. They registered with GeM in 2020 and started selling printers and toners. Now, they are selling computers and laptops tooo. “GeM helps small businesses like ours to grow,” he comments.

A number of GeM vendors shared their experiences in GeM Seller Samvad held in Mumbai on Monday. This gave them an opportunity to learn about the new GeM features and functionalities that further makes it conducive for them to operate on the portal. GeM’s Business Facilitator for Maharashtra and Daman and Diu, Nikhil Patil, informed them that the GeM portal is not only limited to central government offices. It provides a one-stop online procurement portal for all government buyers including central/state ministries, departments, bodies and PSUs. All states (except Sikkim) have entered into an MoU with GeM, thereby facilitating businesses from all around the country to do business with Government departments located all over India, even in remote corners. Maharashtra entered into an agreement with GeM in March 2018, said Patil.  

In his presentation, Patil highlighted the advantages for SMEs for doing business through the GeM portal. MSEs, especially sole proprietors, on GeM can now get a loan at the point of acceptance of an order on the GeM platform. Approximately 2,000 minor and 460+ major functionalities have been introduced on GeM, in the last 24 months for increasing ease of doing business.

The Seller Samvad was also attended by Nishant Deengawal, director, States and Union Territories (GeM) and Nodal Officer of GeM in Maharashtra.

About Government e Marketplace (GeM):


Government e-Marketplace (GeM), the national public procurement portal, is an end-to-end online marketplace for the procurement of goods and services. It was launched on August 9, 2016 as part of the vision of prime minister Narendra Modi for redefining public procurement. GeM has been able to bring about radical changes in the way procurement was done by Government buyers and public sector undertakings. GeM is contactless, paperless, and cashless and stands on three pillars: efficiency, transparency, and inclusivity.

It is noteworthy that GeM has surpassed the milestone of Rs 1 lakh crore of procurement value, in a single fiscal year, in FY 2021-22. Since its inception, GeM has facilitated over 1 crore transactions valued at over Rs 3.02 lakh crore. This has only been possible with the support of all stakeholders including buyers and sellers across the country.

The buyer base of GeM comprises all central and state government departments, cooperative societies and public sector undertakings. The heterogeneous nature of GeM’s seller base clearly reflects on the founding pillar of ‘inclusivity’. Starting from the big companies and conglomerates, the seller base includes women entrepreneurs, self-help groups and MSME sellers from all over the country. Moreover, special provisions have also been created on the GeM portal to ensure a seamless on-boarding experience for MSMEs and SHGs. It is worth mentioning that 62,000 registered government buyers and 50.90 lakh sellers and service providers speak for the size and scale of GeM operations.

Since its inception, GeM has been steadily growing with new product and service categories being added constantly. Currently, there are about 300 service categories and over 10,000+ product categories available on GeM. These categories feature around 44 lakh catalogues of product and service offerings. Further, GeM is an evolving platform and relentlessly works towards adding new features and functionalities to the portal.
 

Comments

 

Other News

“Mumbai Infra boom similar to that of Manhattan in 19th C”

Mumbai’s ongoing infrastructure boom – with a new coastal road, Atal Setu, metro lines and much more – creating transport corridors – is comparable to that of Manhattan in New York during 1811-1870, according to BMC commissioner Bhushan Gagrani. The iconic projects being implemented

Global Gandhi: How the Mahatma captured the world’s imagination

Gandhi’s Australia, Australia’s Gandhi By Thomas Weber Orient BlackSwan, 348 pages, Rs 1,800  

Urban apathy in Mumbai, Maharashtra sees 49% voting

Polling in the fifth phase of General Elections 2024 which commenced at 7 am on Monday simultaneously across 49 PCs recorded an approximate voter turnout of 57.47% as of 7:45 pm. Voters came out in large numbers braving hot weather in many parts of the states that went for polls on Monday.

Voter turnout: Drop from 2019 reduces further

As the voting percentages dropped drastically in the first couple of phases of the ongoing general elections, observers and analysts spoke of ‘voter apathy’ blamed it on a lack of “wave” this time – apart from the heatwave, that is. The latest figures after the fourth phase, h

GAIL reports annual revenue of Rs.1,30,638 crore

GAIL (INDIA) Limited has reported 75% increase in Profit before Tax (PBT) of Rs.11,555 crore in FY24,  as against Rs 6,584 Cr in FY23. Profit after Tax (PAT) in FY24 stands at Rs. 8,836 Cr as against Rs.5,302 Cr in FY23, a 67 % increase. However, revenue from operations registered a fa

Women move forward, one step at a time

“Women’s rights are not a privilege but a fundamental aspect of human rights.” —Savitribai Phule In India, where almost two-thirds of the population resides in rural areas, women’s empowerment initiatives are extremely critical for intensifying l

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter