The Central Government has started the Government E-Marketplace Portal (GEM) Portal for the purpose of promoting small businesses and buying essentially 25% of the goods from startup for government companies. With this, merchants of Micro and Small Enterprises (MSE) are making big profits. After registering on this official portal, these businessmen have started getting the buyers sitting at home.
If you are doing your business then you can get the buyer at home by registering on this portal. What is GEM GEM is a government online platform that plays a medium to provide any kind of goods and services. Since the establishment in 2016-17, the number of sellers and buyers on this platform is increasing steadily. Today, over 37 thousand buyers and more than 2.5 lakhs of cellar and service providers are registered on this platform.
More than 1 million products and more than 13 thousand services are available on this platform. In the first year, orders worth Rs 420 crore were given on this platform which increased to Rs 6,000 crore in the second year. In the third year of 2018-19, the total order on GEM crossed 32 thousand crore rupees. GEM has set a target to reach its order around 1 lakh crore this year.
The big advantage of MSEs The traders associated with MSE from the government portal are making huge profits. At this time more than 42 thousand MSEs are connected to GEM. In the total order given on GEM, the MSE's share is close to 45 %. Through this portal, the MSE is getting the buyer sitting at home.
The reason for this is that 25 percent of the purchases made by the MSE for the ministry and public sector companies of central and state governments have been made mandatory. This Ministry and Government companies make purchases at GEM registered MSE. Doing such a registration - To get a registration on GEM, https://mkp.gem.gov.in / register / signup #! / seller and create a user ID and password. - To create a user ID, you will need a base / PAN, mobile number, and email ID.
- Login on GEM after creating user ID. - Enter the office address, bank account, experience etc. details on your profile here. - Select the product or service in the catalog option of your dashboard, the products and services you want to sell.
- You can register yourself on GEM and it is completely free. Do not give money to anyone for this. - To make the registration, you can go to other information on the official website at https://gem.gov.in
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