Public procurement: Check out latest procedure for sellers to register on GeM portal here

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Business Newsindustrysmemsme eodb public procurement check out latest procedure for sellers to register on gem portal here..

Ease of doing business for MSMEs: So far, goods worth Rs 4.02 crore have been procured by nearly 68,000 buyer organisations from over 60 lakh sellers registered on the platform, of which 8.70 lakh are micro and small enterprise (MSE) sellers.. . n...

Ease of doing business for MSMEs: In order to streamline and make the public procurement process transparent, the government in August 2016 had launched its business-to-government (B2G) e-commerce portal Government eMarketplace (GeM)..

Visit sign up page for sellers mkp.gem.gov.in/registration/signup#!/seller on GeMSelect the business type (proprietorship, firm, company, trust or central/state government) from the drop-down menu under Pre-RequisitesCheck the boxes seeking required personal and business details for registration and click on Proceed..

For sellers with a turnover more than Rs 10 crore, the caution money is Rs 25,000.There are no charges for registrationIn case the seller is an original equipment manufacturer (OEM), he/she needs to get a Vendor Assessment report as per the process notified on GeMList goods and services to your profile on GeM to participate in bids and accept orders on the portal..

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