AnalysisApperal & GarmentsAutomotiveDigital IndiaFood ProcessingInFocusMarketingNewsPlasticsProcessesSectorsTechnology For SMEs

GeM 3.0 is Launched For MSMEs

Sharing is caring!

Government e Marketplace (GeM) 3.0 is introduced among MSMEs. GeM has been envisaged by Government of India as the National Procurement Portal of India. GeM strives to keep pace with ever-evolving technological challenges and stake holder aspirations and in line with this endeavour, GeM is coming up with a scaled up third version. 

The GeM 2.0 was launched as a pilot in August 2016 and its success led to this massive transformation program – GeM 3.0 which would offer standardised and enriched catalogue management, powerful search engine, real time price comparison, template-based Bid and RA creation, demand aggregation, e-EMD, e-PBG, user rating, advanced MIS and analytics and more.

Some of the notable enhancements in the 3.0 version:

  • Market Based generic requirements across all government agencies
  • Standardisation of specifications of both products and services enabling empirical price comparability
  • Completely transparent transactions across all ranges
  • Generic standards established through universal service levels and cost comparison enabled
  • Open and dynamic market place with rating based on performance of user on website

Text Box: Salient Features of GeM 3.01.	Powerful Search Engine2.	Price Comparison using third party sites – multisource and real time3.	e-Earnest Money Deposit (e-EMD) and e-Performance Bank Guarantee (e-PBG)4.	Performance Based User Rating5.	Online Vendor Assessment (optional)6.	Market Based –Bundling and Bunching of Products and Services7.	Multi-Cart Functionality8.	More Services with Bid and RA FacilityNational Sellers On-boarding Campaign

Coinciding with the migration to the 3.0 version, National Sellers On-boarding Campaign has been launched to train sellers/ service providers for transition from GeM 2.0 to GeM 3.0. All MoU signed 20 State Capitals will be trained by GeM MSP trainers along with Business Groups – CII, ASSOCHAM and PHDCII. Senior Officers from GeM will visit these states to facilitate the transition.

More than 200 people were trained and supported in registering during the walk-in Training cum Registration Centre organised on 27th and 28th in GeM Office (Delhi) from 10am to 6pm.  The officers of GeM and training team guided the sellers in registration on the new portal and listing of products. The GeM Contact Centre is also fully functioning during to handle any queries from the sellers.

Commenting on the campaign, Smt. Radha S. Chauhan, IAS, CEO, GeM said, “We are proud to launch this campaign on a day of national importance. Redefining purchase/procurement; enhanced GeM 3.0 platform, delivered and to be operated by Intellect Design Arena Ltd – Managed Services Provider (MSP) and its consortium partners will further the Digital India vision of transparency, openness and fairness. GeM 3.0 has undergone a digital transformation with superior technology and ability to scale from the previous version. This will bring together many sellers and service providers for products and services across the country under one roof, truly making it a digital tool of empowerment and entrepreneurship. This initiative gives a huge uplift for growth of MSME’s, manufacturers & service providers. As Digital India aims to bring in maximum transparency by minimising Government’s human transactional interface, the launch of the Sellers On-boarding Campaign will streamline the procurement of goods and services making it an easy, go-to portal for sellers and service providers”.

SMEStreet Edit Desk

SMEStreet Edit Desk is a small group of excited and motivated journalists and editors who are committed to building MSME ecosystem through valuable information and knowledge spread.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button
%d bloggers like this: