GeM is an e market for different goods and services procured by Government Organizations / Departments / PSUs. It facilitates online procurement of common use Goods & Services required by various Government Organizations / Departments / PSUs. GeM 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, achieve the best value for their money. The purchases through GeM by Government users have been authorised and made mandatory by Ministry of Finance by adding a new Rule No. 149 in the General Financial Rules, 2017.
The mission of GeM is to:
Special provisions are also provided in support of women only enterprises and enterprises run by members of Scheduled Castes and Scheduled Tribes. GeM provides a platform for economic growth of SC/ST communities.