How do you earn from GeM Portal?

Is selling on GeM Portal profitable?

HOW TO SELL ON GEM PORTAL? Like many other micro and medium business enterprises, even you can generate a profitable revenue online by selling on GeM. Following important details are required to get registered as a seller on e-Marketplace.

What is GeM portal how it works?

Government e-Marketplace (GeM) is a one stop portal to facilitate online procurement of common use Goods & Services required by various Government Departments / Organizations / PSUs. GeM aims to enhance transparency, efficiency and speed in public procurement. … The platform can be accessed at https://gem.gov.in/.

How do I start work on GeM Portal?

The Steps for Starting Selling on GeM Portal are broadly as follows

  1. Business Registration. …
  2. Tax Registration. …
  3. Bank Account Link. …
  4. GeM Registration. …
  5. E-Sign Terms and Conditions. …
  6. Knowledge. …
  7. Begin Selling.

How do you use GeM business?

Registering in GeM – A Step-by-Step Guide

  1. Firstly, you will have to register your business or organization with the government of India. …
  2. Once you are done with registering your company, you will, then, have to establish your taxation as well. …
  3. Now, you will need to create a bank account and link it with the Aadhar Card.
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Can anyone sell gems?

How to sell products on GeM login without Bid? Product & Services can be sold easily on the GeM online marketplace directly to government buyers, without any bid participation if the value of the product is less than INR 50,000/-.

Can traders register on GeM Portal?

To become a seller on the Government E-Marketplace, register your business through one of the following links: Manufactures or traders can register here. Service providers can register here.

What is caution money in GeM?

What is Caution Money? This caution money provision is being introduced for bringing discipline among sellers. All Sellers on GeM would be required to deposit a fixed amount with GeM as Caution Money deposit.

Who is owner of GeM?

The platform is owned by GeM SPV (Special Purpose Vehicle) which is a 100 per cent Government-owned, non-profit company under the Ministry of Commerce and Industries, Government of India.

Who can sell on GeM Portal?

GeM, or Government E-Marketplace, is a procurement portal, which can be used to purchase or sell any item or goods by anyone.

What can we sell on GeM?

You can sell on the Government e-marketplace (GeM) as a supplier because the government is looking for businesses to manage their supplies.

3 Products to Sell on the Government e-marketplace:

  • Medical Supplies: …
  • Office and Stationery supplies: …
  • Sanitation supplies:

What is the benefit of GeM registration?

GEM registration helps to authorize the manufacturer, small dealers and service providers to enter the wide and interactive online platform, where they can directly sell their products & services to various buyers from the government departments, organizations and PSUs.

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What is registration fee for GeM?

Since there is no GeM Registration Fee, the sellers can be assured of the least expensive way to become part of GeM and start offering their services and products.

How do I register a GeM vendor?

Primary Seller Registration Process

  1. Go to the Government Site of GeM.
  2. Click on the Signup option on the top left of the page. …
  3. New page on Create your organization seller account open. …
  4. Fill in all the Details asked in the next form. …
  5. After filling in all the details, the Activation mail is sent to the email.