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GeM reduces Transaction Charges to 0.30%, Raises Exemption Threshold to Rs 10 Lakh

Published: Oct 30, 2026

By TIOLCorplaws News Service

NEW DELHI, OCT 30, 2026: GOVERNMENT e-Marketplace (GeM), in collaboration with Laghu Udyog Bharati (LUB), organised an event as part of GeM Samvad 2026, highlighting key reforms aimed at making public procurement more accessible and affordable for Micro and Small Enterprises (MSEs).

Formalised through a Memorandum of Understanding (MoU) in 2024, the GeM-LUB partnership has facilitated 108 virtual conferences, apart from numerous physical events across India, to build awareness, support digital onboarding and help MSMEs navigate the platform and access government procurement opportunities.

In his address, CEO, GeM, Mihir Kumar, stated that reforms undertaken by GeM have helped MSMEs by reducing participation costs, simplifying processes and improving access to finance, enabling them to participate more confidently in government procurement and contribute to the vision of Atmanirbhar Bharat and Viksit Bharat 2047. He further stated that GeM endeavours to build a Trusted Seller ecosystem where business opportunities are completely democratised in digital format.

GeM has reduced transaction charges from 0.50% to 0.30% of the order value. Orders up to Rs 10 lakh are exempt from transaction charges, compared with the earlier threshold of Rs 5 lakh. For orders above Rs 10 crore, charges are capped at Rs 3 lakh, compared with the earlier maximum of Rs 72.50 lakh. Nearly 97% of orders placed on GeM attract no transaction charges. The requirement for a Caution Money deposit as part of the onboarding process was also dispensed with in July 2025. Moreover, vendor assessment charges applicable to Original Equipment Manufacturers (OEMs) have been reduced by 66% to 92% since January 2024.

As part of the event, President, LUB, Madhusudan Dadu; National General Secretary, LUB, Om Prakash Gupta; National Treasurer, LUB and GeM Nodal, Janak Bhatia; and Additional CEO, GeM, Ajit B. Chavan, participated in the deliberations and interacted with the MSMEs attending the event.

Speaking on the occasion, Ajit B. Chavan highlighted that, in line with the Union Budget 2026-27 announcement, GeM has integrated with all five Trade Receivables Discounting System (TReDS) exchanges. He stated that this enablement, coupled with GeM SAHAY's collateral-free lending against purchase orders on GeM, would go a long way in addressing the working capital and timely payment challenges faced by MSMEs.

President, LUB, Madhusudan Dadu and National General Secretary, LUB, Om Prakash Gupta outlined LUB's plans to further deepen collaborative efforts with GeM and enhance outreach to MSMEs through LUB's pan-India network of offices, regular weekly GeM-LUB virtual conferences and the setting up of dedicated facilitation counters at various offices, staffed by trained volunteers.

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