Latest Breaking News On - Bid participation - Page 1 : comparemela.com

New Delhi [India], April 25 (ANI/NewsReach): GeM (Government e-Marketplace) is an online platform launched on August 9th, 2016 by the Prime Minister of India, aimed at bringing efficiency and transparency to the country's public procurement system. GeM provides direct access to government departments, semi-government entities, and public sector undertakings, totaling over 50,000, making it a one-stop shop for sellers to market their products and services with minimal effort. It offers tools such as e-bidding, reverse e-auction, and demand aggregation to facilitate government users in achieving the best value for their money. Sellers benefit from features such as a new product suggestion facility, dynamic pricing based on market conditions, a seller-friendly dashboard for monitoring supplies and payments, auto-notification for bid participation, and consistent purchase procedures. The geM promotes transparency and ease of selling, making it an ideal platform for sellers in India'

New delhiWorld trade organizationInternational trade centreUnited nationsPrime ministerIndia martCommon procurement vocabularyNew delhi indiaPril 25 ani newsreach gem governmente marketplace is an online platform launched on august 9th016 by the prime minister of indiaImed at bringing efficiency and transparency to the country 39s public procurement system gem provides direct access government departmentsSemi government entitiesNd public sector undertakingsOtaling over 50Aking ita one stop shop for sellers to market their products and services with minimal effort it offers tools such ase biddingReversee auction