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Centre launches GeM 3.0 with enhanced features

Jan 31, 2018 10:18 IST
Centre launches GeM 3.0 with enhanced features

The third version of the Government e-Marketplace, GEM 3.0, envisaged by the Union Government as the National Procurement Portal of India has been launched.

The GeM 2.0 was launched as a pilot project in August 2016 and its success led to the conceptualisation of GeM 3.0. The portal strives to keep pace with the ever-evolving technological challenges and stake holder aspirations.

It would offer standardised and enriched catalogue management, powerful search engine, real-time price comparison, template-based Bid and RA creation, online vendor assessment, multi-cart functionality, demand aggregation, e-EMD, e-PBG, user rating, advanced MIS and analytics.

Some key enhancements in GeM 3.0 version include:

• 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 a rating based on the performance of user on the website.

Besides this, the Government e Marketplace also announced the launch of National Sellers On-boarding Campaign.

About National Sellers On-boarding Campaign

• The National Sellers On-boarding Campaign has been launched to train sellers/ service providers for the transition from GeM 2.0 to GeM 3.0.

• All the 20 state capitals on board with this initiative 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 organised on January 27 and 28 at GeM Office in Delhi.

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About Government e-Marketplace (GeM)

• The Union Government decided to create a one stop Government e-Marketplace (GeM), on the basis of recommendations made by Group of Secretaries to the Prime Minister, to facilitate online procurement of common use goods & services required by various government departments/organizations and PSUs.

• The portal aims to enhance transparency, efficiency and speed in public procurement.

• It provides the tools of e-bidding, reverse e-auction and demand aggregation to facilitate the government users to achieve the best value for their money.

Overall, the initiative will boost the growth of MSME’s, manufacturers and service providers.

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Quick Digest

Who: Union Government

What: Launched GEM 3.0

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