What is GEM? Why is it been compared to Amazon & Flipkart? Detailed Analysis

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The government e-marketplace, also known as GeM, is an online platform that enables government organizations in India to procure goods and services from registered sellers in an efficient and transparent manner.

The platform was launched in 2016 with the aim of simplifying the procurement process and reducing corruption by promoting fair competition and making it easier for small businesses to access government contracts.

The government e-marketplace is managed by the Ministry of Commerce and Industry and is open to all government departments, agencies, and public sector units.

But why is it in news and been compared to Amazon and Flipkart, lets understand through this video

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