The Government e-Marketplace (GeM) has made a significant move by slashing transaction charges imposed on sellers and service providers involved in public procurement. This reduction aims to encourage more businesses to participate in government tenders, making the procurement process more accessible and cost-effective. #Key Points: 1. **Lower Transaction Costs**: The decrease in charges will reduce the financial burden on sellers, promoting a more competitive marketplace. 2. **Encouraging Participation**: By lowering costs, GeM aims to attract more small and medium enterprises (SMEs) and service providers, increasing the diversity of offerings available to government buyers. 3. **Boosting Efficiency**: Lower transaction fees can streamline the procurement process, encouraging quicker transactions and improving overall efficiency. 4. **Enhanced Transparency**: With reduced fees, the focus shifts more toward value and service quality rather than costs, fostering a transparent procureme
The services mentioned below 1. GeM Registration 2. Profile Manage 3. Brand Listing 4. OEM Panel / Vendor Assessment 5. Product uploading support 6. Direct order guide 7. Tender Participation 8. Invoice Generation & Order Tracking 9. L1 Comparison govt documentation also. FOR MORE INFO: https://lnkd.in/daRtx6sY