What is GeM | GeM Registration | GeM Portal kya hai | Government e Marketplace #GeM | GeM Buyer Reg

Summary

The video script discusses the Government e-Marketplace (GeM) in India, a platform launched by the Indian government to streamline the procurement process for government departments. It covers topics such as registration on GeM, the types of products and services available, the process for vendors to register and sell their products, and the payment procedure. The script also addresses common queries about the platform, including the registration process, the cost involved, and the benefits of using GeM for both vendors and government departments.

Takeaways

• 😀 The video discusses the Government e-Marketplace (GeM), a platform launched by the Government of India to streamline procurement processes.
• 🏢 GeM is designed to increase transparency and reduce monopolies in government tenders, allowing new and small businesses to compete for government contracts.
• 🛒 Registration on GeM is free of cost, and the process can be completed by visiting the official website without any payment.
• 🔒 For certain categories, a security deposit (caution money) is required upon registration, which is based on the turnover of the company.
• 📝 The script mentions a two-step registration process involving a basic profile and a detailed profile for manufacturers, requiring a vendor assessment.
• 🏭 Only government departments can purchase from GeM, meaning private individuals and companies cannot buy directly from the platform.
• 📦 Products and services available on GeM are diverse, ranging from laptops and smartphones to various other items and services provided by registered vendors.
• 📈 The platform aims to streamline government procurement by reducing the time taken for approvals and making the process more efficient.
• 💼 The video script provides guidance on how to register products and services on GeM, including the need for a detailed catalog and meeting specific parameters.
• 💼‍⚖️ Payment on GeM is supposed to be made within 10 days of the order being placed, but the actual timing can vary depending on the government department's processes.
• 📧 The presenter offers assistance for any questions or issues related to GeM, inviting viewers to reach out via email for support.

Q & A

What is the purpose of the Government e-Marketplace (GeM) in India?

The GeM is an e-commerce portal launched by the Government of India to streamline the procurement process for government departments, increase transparency, and provide opportunities for new and small enterprises to participate in government tenders.

Who can register on the GeM portal?

Any company that has a registered office in India with a GSTIN can register on the GeM portal. This includes proprietorship, partnership, private limited, and trust entities.

What are the basic requirements for a company to be eligible to sell products on GeM?

To sell products on GeM, a company must have a valid Government e-Marketplace ID, and it must be a government department or an authorized seller with the necessary permissions and documentation.

What types of products and services can be listed on GeM?

GeM allows the listing of a wide range of products and services, including laptops, desktops, smartphones, and various other items that government departments may require.

How is the registration process for GeM free of cost?

Registration on GeM is free of cost. Companies can register themselves on the official website without paying any fees or going through any intermediaries.

What is the role of the 'Cash Margin' in the GeM registration process?

The 'Cash Margin' is a small deposit that sellers are required to make when registering on GeM. This margin is based on the turnover of the company and serves as a commitment to the platform's rules and regulations.

How does the GeM platform facilitate the selection of products for government procurement?

GeM provides a platform where government departments can search for and compare products based on technical parameters and prices. It allows for a fair competition among sellers and streamlines the procurement process.

What is the process for manufacturers to get listed on GeM?

Manufacturers need to go through a vendor assessment process through GeM, which includes a desktop assessment, a live video assessment, and meeting certain quality standards set by the High-Quality Council of India.

How does the payment process work for sellers on GeM?

Once an order is placed, sellers have a specified time frame, usually 15 days, to deliver the goods. After delivery and acceptance by the government department, an invoice is generated, and payment should be made within 10 days as per GeM rules, although actual payment timing may vary.

What are the two models for placing orders on GeM?

The two models for placing orders on GeM are the Director model, where orders are placed through a bidding process, and the Direct model, where government departments can place orders directly for items up to a certain value without bidding.

How can sellers enhance their visibility and competitiveness on GeM?

Sellers can enhance their visibility and competitiveness on GeM by listing their products correctly, ensuring they meet the technical parameters required by the government departments, and maintaining a good reputation and delivery track record.