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HOW TO DO LI ON GEM PORTAL OR L1 COMPARISION

You want to know how to do LI (Limited Item / Limited Item Bidding / Limited Item Listing) on the GeM (Government e-Marketplace) portal . I’ll explain step by step in simple terms: 🔹 What is LI on GeM? On GeM, LI (Lowest Identified / Limited Item) generally refers to Lowest Bidder (L1) identification in tenders/RA (Reverse Auction). Sometimes users also say "LI" when they mean Limited Item Listing (putting a product/service with limited specifications). So I’ll cover both contexts : ✅ If you mean LI as Lowest Identified (L1) Bidder in Bid/RA This is when you want to participate in bids/tenders and become LI (lowest price supplier) . Steps: Login → Go to gem.gov.in and log in with your Seller ID.  Search Opportunities → In the "Bids / RA" section, filter by your category/product/service. Check Eligibility → Read buyer requirements carefully (OEM, brand, compliance, experience, etc.). Quote Your Price → Submit your bid with the best comp...

What is IMPORTANCE of GeM?

IMPORTANCE of GeM?

Government e-Marketplace, commonly known as GeM, is an online platform developed by the Government of India to facilitate procurement of goods and services by various government departments, organizations, and public sector undertakings. GeM has several key importance and advantages:

  • Transparency: GeM promotes transparency in government procurement by providing a single platform where buyers and sellers can interact. This helps eliminate middlemen and corruption.
  • Cost Efficiency: It helps in reducing the cost of procurement for the government as it allows for bulk buying and often offers competitive prices.
  •  Ease of Use: GeM is designed to be user-friendly and efficient, making it easier for government departments to procure goods and services.
  •  Increased Vendor Base: GeM provides a level playing field for sellers, including small and medium-sized enterprises (SMEs). This increases the vendor base and promotes competition.
  •  Standardization: The platform encourages the use of standardized products, which ensures quality and consistency in government purchases.
  •  Paperless Transactions: GeM enables paperless and cashless transactions, which reduces administrative burden and enhances efficiency.
  •  Quick Payment: Vendors on GeM usually get paid quickly, which is an advantage for cash flow management.
  •  Digital India Initiative: GeM aligns with the Digital India program, which seeks to transform India into a digitally empowered society and knowledge economy.
  •  Reduced Procurement Time: The platform reduces the time it takes to complete the procurement process, enabling quicker delivery of goods and services.
  •  Centralized Procurement: By centralizing procurement, GeM helps the government monitor and control its expenditure more effectively.

In summary, Government e-Marketplace is important for improving the efficiency, transparency, and cost-effectiveness of government procurement in India. It benefits both government agencies and vendors by streamlining the procurement process, promoting fair competition, and reducing corruption.

 

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