What is Bidding Process in GeM
Understanding the GeM Bidding Process: Key Steps, Benefits, and Real-World Applications What is the Bidding Process in GeM? A Comprehensive Guide The Government e-Marketplace (GeM) has revolutionized public procurement in India, making it faster, fairer, and more transparent. But how exactly does the GeM bidding process work? Let’s break it down. What is GeM? GeM is an online platform launched in 2016 to streamline government purchases. With over 1.5 million sellers and ₹2+ trillion in Gross Merchandise Value (GMV) in 2023, it’s India’s largest digital procurement hub. Key Steps in the GeM Bidding Process 1. Registration To participate, sellers must: Create a GeM seller account Upload required documents (GSTIN, PAN, etc.) Verify their profile 2. Bid Invitation Government buyers post tenders with: Technica...