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Published 14:41 IST, September 20th 2024

GeM slashes transaction charges levied on sellers, service providers

As per the new policy, all orders valued up to Rs 10 Lakh will now attract zero transaction charges, as opposed to the earlier order value ceiling of Rs 5 lakh.

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The GeM portal has achieved a historic milestone, with procurement exceeding Rs 4 lakh crore as of March 28. 
GeM has announced a New Revenue Policy of the portal with effect from August 9. | Image: Pexels
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14:41 IST, September 20th 2024