Here’s an updated 2026-ready overview of procurement types on the Government e‑Marketplace (GeM) portal — tailored for both buyers (purchasers) and vendors (sellers/service-providers) — focusing on how the platform works now, what to expect moving forward, and how to make best use of it. 1. What is GeM and why it matters GeM is India’s government-run online marketplace for procurement of goods and services by central and state ministries, departments, PSUs, autonomous bodies etc. ( Gov e-Marketplace ) It aims to bring efficiency, transparency, and inclusiveness into public procurement. ( Testbook ) For buyers: Ensures standardized process, access to competition, audited trails. For vendors: Opens access to a large marketplace, but also means competition and compliance. 2. Key Procurement Modes on GeM (2026 context) These are the main ways procurements are executed via GeM — both for goods and services. 2.1 Direct / Cart-Based Purchase For items that are s...
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...