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10 Years of GeM: The platform that transformed public procurement in India

The Government e-Marketplace, known as GeM, has revolutionized public procurement in India by providing standardized digital tools that boost confidence among buyers and sellers. Small businesses and artisans have found greater access and empowerment on this platform, leading to increased engagement and a national transformation. GeM aims to focus on unlocking even more innovations and…

10 Years of GeM: The platform that transformed public procurement in India

Public procurement in India faced numerous challenges for decades, including a slow and paper-heavy process that limited access to government buying for most organizations. In 2016, the Government e Marketplace (GeM) was launched as a single online platform that allowed government organizations to easily buy goods and services from a wide range of sellers, from large companies to small-town entrepreneurs.

However, the true legacy of GeM lies not in the volume of transactions or the categories it covered, but in the confidence it created across the ecosystem of buyers, sellers, and institutions.

Initially, trust was built slowly, step by step, as every successful transaction and every new participant added to a growing sense of the system's reliability. GeM's real innovation was not in the technology itself, but in what technology made possible: a procurement experience that behaved consistently and equitably for everyone involved.

Standardized systems removed discretion and digital governance removed ambiguity, creating a sense that the system worked. As trust grew, access turned into empowerment. Small manufacturers in district towns and first-time entrepreneurs found a marketplace that was accessible to them, not just distant. MSMEs discovered a larger market, startups found credible buyers, and previously underserved groups like self-help groups and artisans found new opportunities.

The growth of GeM's ecosystem brought India into a larger marketplace, expanding its depth and resilience. This expansion was not limited to large players; every new participant - be it a woman entrepreneur, a rural producer, or a small-town startup - contributed to the platform's strength, making it more inclusive and sustainable. The technology behind GeM, though invisible when functioning properly, was crucial in ensuring transparency and simplicity, making trust the natural outcome rather than an exception.

This trust led to increased participation, which in turn created more opportunities for inclusion. As more people were included, the system grew stronger, leading to broader growth. Over ten years, this compounding effect has transformed India's procurement system into an ecosystem where each small act of transparency contributes to a national transformation. Looking forward, the next decade of GeM is expected to focus on unlocking the full potential of this trust, leading to a smarter, more intuitive procurement process.

Written by urgent.news from Economic Times Tech's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.

Read the original at economictimes.indiatimes.com →

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