October 29, 2026 12:36 AM
GeM Cuts Transaction Charges to 0.30%, Raises Exemption Threshold to ₹10 Lakh for MSEs
The Government e Marketplace (GeM) has reduced transaction charges from 0.50% to 0.30% of the order value, raised the threshold for exemption from ₹5 lakh to ₹10 lakh and capped charges for orders above ₹10 crore at ₹3 lakh, down from the earlier maximum of ₹72.50 lakh, to make public procurement more accessible and affordable for Micro and Small Enterprises (MSEs). The reforms were highlighted at an event organised by GeM in collaboration with Laghu Udyog Bharati (LUB) as part of GeM...