What is GeM?
An Indian Govt marketplace where various Dept, Organizations, PSUs of the Indian Government can procure goods and services needed. GeM aims to enhance transparency, efficiency, and speed in public procurement. It provides the tools of e-bidding, reverses e-auction and demand aggregation to facilitate the government users, achieve the best value for their money.
Based on the recommendations of the Group of Secretaries made to the Honorable Prime Minister, the Government decided that GeM SPV will create a one-stop Government e-Marketplace (GeM) to facilitate online procurement of common use Goods & Services required by various Government Departments / Organizations / PSUs. It’s an online e-procurement portal for Government users to facilitate seamless process flow, standardize specifications, and complete audit trail. It works on market-based generic requirements across all government agencies.
Highlighting Features of Government e-Market
Transparency: GeM to a great extent reduces the human involvement in the procurement process which includes vendor/buyer registration, order placement, and payment process. The market-based bundling and bunching of products and services, multi-cart functionality, and easy return policies enable ease of buying. The user-friendly dashboards provide the required transparency into buying & monitoring supplies and managing payments. GeM works as an open platform for all kinds of vendors to easily do business with the government without any kind of restricting barriers.
Efficiency: Direct purchase on GeM can be done in a matter of minutes and the entire process is online, end to end integrated with online tools for price reasonability and vendor assessment. For procurements of higher value, the bidding/RA facility on GeM is among the most transparent and efficient. The powerful search engine allows for easy browsing through a rich list of products and services available on the portal. GeM bidding/RA ensures competition, fair play, speed, efficiency, and leads to proper price discovery. The reasonableness of the rates can also be confirmed through online comparison with a market price on leading e-Commerce portals.
Secure & Safe: GeM is a completely secure platform and all the documents on GeM are e-Signed at various stages by the buyers and sellers. The antecedents of the suppliers are verified online and automatically through MCA21, Aadhar, and PAN databases. To further strengthen due diligence about the veracity of suppliers, credit ratings have been introduced which are widely based on past performance analytics & financial liquidity of the suppliers.
Make in India Support: On GeM, the filters for selecting goods that are Preferential Market Access (PMA) compliant and those manufactured by Small Scale Industries(SSI), enable the Government buyers to procure Make in India and SSI goods very easily.
Cost Efficiency To The Government: The transparency, efficiency, and ease of use of the GeM portal have resulted in a substantial reduction in prices on GeM, in comparison to the tender, Rate Contract, and direct purchase rates.
These features serve as great drivers to facilitate procurements on GeM (Government e-Market) than through other traditional platforms.
Motadata on GeM
Motadata announced the availability of its IT Ops Product Suite on the Indian Government’s online procurement portal, Government e-Marketplace (GeM) under the section “Information Technology Broadcasting and Telecommunication>> Software>>System Management Software>>Enterprise Management System Software (Q3 Category) ”, categorized as “> Motadata Enterprise Management System Software ” product.
We always wanted a platform that makes our products and solutions directly available to various government departments. GeM provides a great opportunity for us as we wanted. This platform is transparent and direct in providing access to our software for all Government departments.
We have recently introduced two new AI-enabled products in the market – AIOps, and ServiceOps.
Our AIOps platform provides essential capabilities required by IT teams to resolve complex IT issues, related to performance, capacity, and configuration, before they have a negative impact on the business. The platform has underlying AI/ML models that can be used to process large amounts of data to discover anomalies, instantly alert users, and take preventive action.
Our ServiceOps platform is a unified ITIL compliant ITSM tool that includes PinkVERIFY Certified Service Desk, Asset Manager, and Patch Manager and makes use of AI/ML to optimize and streamline service delivery across various business processes without the need for third-party tools.
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. To date, 17 states have signed an MoU to be a part of the GeM.