The Government e-Market (GeM) platform is moving to onboard a large number of Micro, Small and Medium Enterprises (MSMEs) as part of the MSME support and outreach programme, according to an official statement. The programme was launched by Prime Minister Narendra Modi in November 2018 as part of the national mission to support MSMEs. GeM is currently part of this mission in 77 districts of the country. At the halfway stage of the 100-day mission, 26 percent of vendors on GeM are from the MSME sector and 781 registrations of MSMEs have been completed on the platform, the statement added.
To encourage and support MSMEs to join GeM in larger numbers, credit facilities are also being made available to them through TReDs, a bill discounting service supported by SIDBI for pre and post shipment of products. The statement read: ‘As small enterprises find it difficult to deal with payment delays, GeM is ensuring this issue will be solved for MSMEs who can now avail the TReDs facility. Further, certain products are reserved for MSMEs on the platform. GeM also offers customised training modules in 13 languages to handhold them to register on the platform.’
The e-market platform is now focussing on the services sector such as transportation, inspection, webcasting and analytic services. Apart from this, leasing products is another option on the platform. Additionally, 33 services such as cloud, cab service, HR hiring, sanitation and security are available on lease. The platform is also being used to place orders for World Bank projects worth up to $50,000.
The objectives for creating this platform are recorded as the following: to promote inclusiveness; create transparency and efficiency in public procurement; achieve cashless, contactless and paperless transaction; increase the overall efficiency leading to significant cost saving on government expenditure in procurement; and maximise ease of availability of all types of products and services supplied to Government buyers.
GeM and the Department of Industrial Policy and Promotion (DIPP) are also in the process of developing a PoC (Proof of Concept) corner for other startups and will soon onboard them onto the platform.