Venue :Perumal Nagar 7th Cross Street, Nanmangalam, Chennai, India 
Get Directions Public procurement of goods and services has crossed Rs 1 lakh crore from government buying portal GeM since the platform was launched in August 2016, on account of a sharp increase in buying activities by different ministries, a senior official said.
GeM (Government e-Marketplace) is an online platform that facilitates procurement of goods and services by various government departments, organizations, and PSUs (Public Sector Undertakings). Here are some benefits of GeM portal registration:
★ Transparency: The GeM portal is a transparent platform that allows all the vendors to view the tender details, submit bids, and track the status of their bids online. This ensures transparency and fairness in the procurement process.
★ Time-saving: The GeM portal simplifies the procurement process by reducing the time and effort required for the procurement of goods and services. It saves time by eliminating the need for physical documents, in-person meetings, and long waiting periods.
★ Cost-effective: The GeM portal offers a wide range of products and services at competitive prices. This allows the government departments and organizations to save money by purchasing goods and services at lower rates than the market rates.
★ Accessibility: The GeM portal is an online platform that can be accessed from anywhere and at any time. This makes it convenient for vendors and buyers to participate in the procurement process, regardless of their location.