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Ministry of Commerce & Industry

GeM Samvad 2026 Highlights Reforms to Improve Public Procurement Access and Affordability for MSEs

PrelimsMainsGS2GS3GovernanceEconomyGovernment Schemes
Source-grounded summary

Government e Marketplace (GeM), in collaboration with Laghu Udyog Bharati (LUB), organized GeM Samvad 2026 to highlight public procurement reforms for Micro and Small Enterprises (MSEs). The GeM-LUB partnership, formalized through a 2024 MoU, has facilitated 108 virtual conferences alongside physical events to expand MSME onboarding and digital literacy. Key reforms discussed include reducing GeM transaction charges from 0.50% to 0.30%, raising the order exemption threshold from ₹5 lakh to ₹10 lakh, capping charges at ₹3 lakh for orders above ₹10 crore, eliminating Caution Money deposits, and cutting OEM assessment fees by up to 92%. Additionally, GeM has integrated with all five Trade Receivables Discounting System (TReDS) exchanges following the Union Budget 2026–27 announcement, supporting MSME working capital through collateral-free lending via GeM SAHAY.

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