What is GEM Registration?
GEM Registration (Government e-marketplace) is mandatory for all buyers and government sellers or government departments and ministries to source goods and services from Government’s e-marketplace.
Government e-marketplace (GEM Registration) is an online platform for public procurement that was introduced by the Commerce and Industry Minister on August 9, 2016, under the Allocation of Business Rules, 1961. As part of the Make in India initiative, the Government of India (GOI) has made it mandatory for all its departments to source goods and services from the e-marketplace. The introduction of this portal by the government aims to streamline the process of acquiring stores and supplies.
With the Government E-marketplace (GEM) portal, individuals and businesses have the opportunity to sell their products to government departments and also purchase products from the platform. It is now a requirement for government offices to procure stocks exclusively from the GEM Portal. Only those who have obtained GEM Registration are eligible to participate as sellers or buyers on the platform. The GEM Registration process involves two types: one for buyers and another for sellers.
Why GEM Registration is Required?
GEM Registration is required in order to participate in the Government e-marketplace (GEM) and engage in government procurement. It ensures the authenticity and credibility of sellers, promotes fair competition, enhances transparency and accountability, streamlines the procurement process, and supports the government’s objectives of promoting local businesses and cost-effective procurement.
GEM Registration is mandatory for sellers to access the government market and for government departments to procure goods and services through the platform. It establishes a trusted and efficient ecosystem for procurement activities, benefiting both sellers and buyers involved in the GEM portal.
Check out the GEM Registration Video
What are the Benefits of GEM Registration?
Access to a Wide Market
GEM Registration provides sellers with access to a vast market of government departments and agencies. This opens up new business opportunities and expands their customer base, potentially leading to increased sales and revenue.
Increased Visibility
By being registered on the GEM portal, sellers gain visibility and exposure to government buyers actively seeking products and services. This exposure can enhance the chances of securing government contracts and long-term partnerships.
Fair and Transparent Competition.
GEM Registration promotes fair competition among sellers, ensuring a level playing field for all participants. This transparency fosters healthy market competition, leading to improved quality, competitive pricing, and innovation in goods and services
Efficiency and Cost Savings
GEM Registration facilitates a more efficient procurement process by eliminating the need for traditional paperwork, manual tenders, and multiple negotiations. This digital platform helps reduce administrative costs and streamlines the entire procurement cycle.
Support for Make in India
The GEM Registration system aligns with the Make in India initiative, which encourages local manufacturing and businesses. By participating in GEM, sellers can contribute to the growth of the Indian economy and showcase their products and services to government buyers.
Simplified Payment Process
GEM Registration facilitates secure and timely payments to sellers through the integrated Government e-Payment Gateway. This ensures prompt payment for delivered goods and services, improving cash flow for sellers.
Who can get GEM Registration?
Sellers
Service Providers
Manufacturers
Dealer
Eligibility Criteria for GEM Registration
To be eligible for GEM registration, the following criteria must be met:
• The product should possess unique characteristics associated with a specific geographical region.
• The quality, reputation, or other attributes of the product should be attributable to its geographical origin.
• The product’s name, logo, or other identifiers must accurately represent its geographical origin.
Document Required for GEM Registration
Role of Shamkris and Process of GEM Registration
Shamkris adopts a results-oriented approach to compliance with mandatory licence requirements in the organization. A simple and guidance methodology help organisation to achieve licence in a timely manner and cost-effective. Shamkris support 100% in advisory, Guidance, Compliance with respect to license requirements to obtain approval.
The License process described below:
- Advisory for the document required
- Preparation of documents as per application & list of documents.
- Application File
- Inspection by the department if required
- Liason department
- Yearly Compliance if Applicable
- Renewal when due
