Government e Marketplace
| Government e Marketplace (GeM) | |
|---|---|
| Country | India |
| Ministry | Ministry of Commerce and Industry, Government of India |
| Key people | Sh. Sunil Barthwal, Secretary, Department of Commerce, Ministry of Commerce & Industry and Chairperson & Nominee Director, GeM. Sh. Alkesh Kumar Sharma, Secretary, Ministry of Electronics and IT, Government of India & Nominee Director, GeM. Shri Mihir Kumar Chief Executive Officer, GeM. Sh. Sanjay Prasad Additional Secretary, Department of Expenditure, Ministry of Finance, Government of India & Nominee Director, GeM. Sh. Amitabh Kumar, Joint Secretary, Department of Commerce, Ministry of Commerce & Industry, Government of India & Nominee Director, GeM. |
| Launched | 9 August 2016 New Delhi, India |
| Website | gem |
Government e Marketplace (GeM) is an online platform for public procurement in India. The initiative was launched on 9 August 2016, by the Ministry of Commerce and Industry, Government of India with the objective to create an open and transparent procurement platform for government buyers. It was built in a record time of 5 months to facilitate the online procurement of goods and Services. The purchases through GeM by Government users have been authorized and made mandatory by the Ministry of Finance by adding a new Rule No. 149 in the General Financial Rules, 2017.
The platform is owned by GeM SPV (Special Purpose Vehicle) which is a 100 percent Government-owned, non-profit company under the Ministry of Commerce and Industries, Government of India.
GeM is a contactless, paperless and cashless online marketplace that replaced the Directorate General of Supplies and Disposals (DGS&D) in 2016. Since its inception, GeM has brought in the visibility and transparency in public procurement. The portal has transformed public procurement in India by driving its three pillars, namely, inclusion, usability and transparency and efficiency and cost savings. According to an independent assessment made by the World Bank, average savings for buyers in Government e Marketplace portal is about 9.75% on the median price. The Government of India has made it mandatory for sellers to display the 'country of origin' on products to be sold on GeM portal.
The present Chief Executive Officer of Government e Marketplace is Shri Mihir Kumar, a distinguished officer of the 1996 batch of the Indian Defence Accounts Service (IDAS).