The Government e-Marketplace, commonly known as GeM, is an online platform launched by the Government of India in August 2016. The objective of this initiative is to bring transparency and efficiency to the procurement process of goods and services by government departments and organizations. The GeM platform is open to all sellers, including micro, small, and medium enterprises (MSMEs), registered companies, and startups. In this article, we will discuss the process of Gem registration in India and its benefits for sellers.
Process of Gem Registration
The registration process for GeM is simple and straightforward. The steps involved in the process are as follows:
Step 1: Go to the GeM portal
To register on GeM, the seller needs to go to the GeM portal (https://gem.gov.in/). On the homepage, click on the “Register Now” button.
Step 2: Fill in the details
The seller needs to fill in the required details such as name, email ID, phone number, and Aadhaar number.
Step 3: Verification of Aadhaar
After entering the Aadhaar number, the seller will receive an OTP on the registered mobile number. Enter the OTP to complete the verification process.
Step 4: Company details
In this step, the seller needs to enter the company details, such as the name of the company, address, and GST number.
Step 5: Bank details
The seller needs to enter the bank details, including the bank account number, IFSC code, and account holder’s name.
Step 6: Product details
The seller needs to provide the product details that they want to sell on the GeM platform. The seller needs to categorize the products and mention the unit price, minimum order quantity, and delivery time.
Step 7: Documents
The seller needs to upload the required documents, such as PAN card, GST registration certificate, and company registration certificate.
Step 8: Verification
After submitting the application, the GeM team will verify the documents and details provided by the seller. Once the verification process is complete, the seller will receive a confirmation email and SMS.
Benefits of Gem Registration for Sellers
Access to Government Tenders
GeM provides a platform for sellers to access government tenders and participate in the procurement process. The platform is open to all sellers, including MSMEs, startups, and registered companies, providing them an opportunity to compete for government tenders.
Direct Selling to Government Departments
Sellers can directly sell their products and services to government departments through the GeM platform. This eliminates the need for intermediaries, reducing the cost of sales and increasing profit margins.
Increased Market Reach
GeM provides a national platform for sellers to showcase their products and services, increasing their market reach. Sellers can sell their products and services to government departments across India, expanding their customer base.
Transparent and Efficient Procurement Process
The GeM platform brings transparency and efficiency in the procurement process of goods and services by government departments and organizations. The platform is designed to eliminate the need for physical paperwork, reducing processing time and cost.
The GeM platform provides payment security to sellers by ensuring timely payments. The platform releases payments to the seller within ten days of delivery of the product or service, reducing the payment risk.
GeM registration provides an opportunity for sellers to access government tenders, sell their products and services directly to government departments, increase their market reach, and benefit from a transparent and efficient procurement process. The registration process is simple and straightforward, and the platform provides payment security to sellers. Therefore, if you are a seller looking to expand your business and access government tenders, GeM registration