Government E- Marketplace FY 2025-26 Procurement Analysis
Government E- Marketplace is a procurement policy which changed the entire landscape of bidding process, auction and selling of goods and products entirely through tech-driven methods. It was started on 9 August 2016 to enhance transparent and responsible procurement and to fulfill service requirement procedures effectively. It has set a benchmark by creating a digital platform for supply of goods and efficient trade.
The Gem has vast amounts of space to sell, buy and bid properly on an electronic basis only. It is a purely 100% cashless system and the government will be the monitoring source of the entire process. Accurate profile and document verification is done through the Vigilance Commission and Controller Auditor General. Organizations will be dealing with audits and inquiries.
The mantra of Gems is openness, fairness and inclusiveness. It contributes almost 18% to 20% of India’s GDP. The modern tech tools are the major change from the traditional to modernized process of procurement, a new way of dealing with E-governance in India.
Gem has similar patterns, like Flip kart and Amazon. The government also shares requirements from various departments for goods. The bidding system was traditional, time-taking and paper-based. Now all bidding is done online.
Data & Analysis
Gem Startup Runway started in 2019, which began selling goods and products on GeMs. 2019 is women entrepreneurship empowerment, a major change made by the government. Almost 2.1 lakh women-led MSMEs were registered with almost 28,000 crore financial transactions. 68% of orders were executed in the year FY2025-26 worth 51 lakh orders worth 2.36 lakh crore and more than 11 lakh MSMEs were registered on the platform. The platform is a 100% electronics-based system which is a unique initiative of the Government of India.
GeMs platform helps in a transparent, authentic and responsible policy model for goods to be sold and proper assessment of documents via digital makes it a quick and transparent model for buyers and sellers. You can sell the products to the government authorities. The product which is not on the govt bid list or requirement can also be placed as an independent product for sale of goods. All members have to register through the portal, which is free of cost. As per the government's data, in the year FY-2025 -26, a revenue of 18 lakh crore worth of business happened on the Gems portal.
References
Ministry of Commerce and Industry official Website
