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Last updated: 11 Sep, 2018  

GeM.9.Thmb.jpg A GeM of opportunity

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Bikky Khosla | 11 Sep, 2018

Last week saw the launch of a national mission on Government eMarketplace (GeM). The objective is to promote inclusiveness by empowering MSMEs, start-ups, domestic manufacturers, women entrepreneurs, and self-help groups. Under the mission, the Central and State Governments along with Banks and PSUs will undertake a range of activities, including organising of workshops, roadshows, trainings, and communication activities, including buyer and seller registration. No doubt this is a welcome step.

GeM, the National Public Procurement Portal, was launched on August 9, 2016 and if official figures are accepted, it has grossed over Rs. 10,000 crore (in GMV) in last two years through more than 6.16 lacs transactions. It has made over 4.2 lakh products available through a network of over 1.3 lakh sellers, while buyers from across 36 states and UTs are buying on the platform. As far as MSMEs are concerned, more than 40 percent of transactions by volume are done with such units registered on the platform.

No doubt, this level of achievement is commendable. On the one hand, GeM has saved a lot of time and money for PSUs in finding credible vendors, and on the other hand it has brought together leading PSUs from across sectors and MSMEs, paving a way for long-term supply relationships between them. Additionally, GeM has provided a learning experience for MSMEs, making them aware about the product/service requirements, procurement policies, delivery terms, tender documentation, etc. followed by leading PSUs.

But I think there is a lot more potential to be tapped. Currently, a total of 1,33,000 sellers and service providers are listed in the GeM portal, but this number is very small, considering the size of our MSME sector only. So, definitely initiatives like the one announced last week are welcome. Government needs to play its part in increasing the number of vendors, particularly from the MSME sector, on this platform. At the same time, it is equally important that MSMEs themselves do not allow this opportunity to slip by.

I invite your opinions.

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gem portal
Y P BEHAL | Sun Sep 16 06:46:49 2018
a nice stepY

H. I. Pinjar | Thu Sep 13 05:40:50 2018
hello, Good to hear this, we being MSME, would definitely be open to take advantage of this opportunity. In this regard can I know the process of registration for small vendors like us. It would be grateful to guide in this regard

A govt. of opportunities
Hemant Kumar Dubey | Thu Sep 13 05:38:04 2018
The starting of services for buyers and sellers on GeM portal is benefiting govt. procurement. It has expedited purchasing in govt. companies and departments. The current Central Govt. can be rightly said as a govt. of opportunities. The pace at which the govt. is launching schemes, products and services for the benefit of business and common man there is no doubt that the govt. wants overall development and is making all out effort to make Bharat no. 1 amongst all countries of World. MSME sector is backbone of any industrial revolution. The govt. is doing a lot for this sector. Ease of business has been focus of govt. and now it is expected that more MSMEs would come up with their products and make all efforts to take their business and country forward. With best wishes, Hemant Kumar Dubey Chief Manager, Central Electronics Limited,,

Hemkumar | Wed Sep 12 07:51:05 2018
The story is good I don't understand how it works

Jagadish Ganeshan | Wed Sep 12 06:51:01 2018
Hi Sir, I chanced to read about GeM, & wish to state its a great platform, and hope the Benefits abound.I feel more & more people should get exposed to this initiative.I wish GeM A Grand Success. Meanwhile do let us know how to register as a seller. Regards

start a new bysinwss
somnath seal | Wed Sep 12 06:48:26 2018
i,somnath seal from nadia disatrict westbengal.i m start a new business ,so what can i do?

GeN if opportunity.
Sekhar | Wed Sep 12 04:21:56 2018
Every effort of Government is okay. However, everything is nullified by the most inefficient banking sector where none of the officials know what is banking. It is high time the Government initiates action to train bank officials on banking, particularly on international banking. Have you ever heard of a bank official asking collateral security from the foreign supplier when you approach the bank to open a letter of credit?

X Ray Baggage Scanners
V M Deshmukh | Wed Sep 12 02:09:11 2018
How this is different than "L1 "system of bidding. The prices will be known to one and all including the competitors, which is disadvantage. This will encourage supply of second quality goods just to push down prices. There is no preference to MSME sector as against large corporates and foreign parties. Govt establishment prefer foreign equipment against local for well known reasons. There is no preference for indigenously developed design and technology. Will GeM address these issues. Hope to receive a reply.

Start new venture
Ghulam Mohammad wNi | Tue Sep 11 15:10:51 2018
Help to start new venture In rural area

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