Launched on 9th August 2016, the Government e-Marketplace (GeM) is India’s one-stop portal for Government Departments, Ministries, and PSUs. Under Rule 149 of GFR 2017, procurement via GeM is mandatory for available goods and services—making it a massive game-changer for B2G sellers!
Why Sell on GeM?
✅ Direct access to Central & State Government buyers
✅ E-Bidding, Reverse Auctions & Direct Procurement
✅ Dynamic pricing & strong vendor rating system
✅ Seller-friendly dashboard to track supplies & payments
📌 Quick Onboarding Checklist:
• Company PAN, GST, Udyam & Incorporation/Startup India certificates
• Authorised signatory’s PAN, Aadhaar & linked mobile number
• Cancelled cheque & latest 3 years’ ITR Forms.
📦 Catalogue & Bidding Essentials:
• Products/Services: Detailed specs, 3 unique product photos, OEM authorisation, past PSU purchase orders (<3 years) and relevant compliance licenses (PF, ESI, FSSAI, etc.).
• Bidding: Self-attested KYC, CA-certified 3-year turnover (with UDIN), ISO/quality certificates and OEM authorisations.
💡 Key Procurement Rules (GFR Rule 149):
• Up to ₹50,000: Direct purchase from any eligible seller.
• ₹50,000 – ₹10 Lakhs: Lowest price (L1) among at least 3 OEMs.
• Above ₹10 Lakhs: Mandatory online bidding or reverse auction.
🏆 Pro-Tips from Team Ganashri to Scale Faster:
- Please participate in Custom Bids / BOQ Bids, as applicable.
- Complete Vendor Assessment (via RITES) to boost your seller rating and unlock the OEM Panel.
- Register your brand via Trademark or list unbranded products strategically.
- Get NSIC registration to claim EMD exemptions and save working capital.
- Stay patient, keep track of Annual Milestone Charges, and explore Rate Contracts & Global Tenders.
Ready to tap into government contracts? Let’s get your business GeM-ready!
Ganashri Advisers India LLP | +91 9480118310 | cg@ganashri.com | https://www.ganashri.com |
