A digital way of life has become the new normal. This rapid digitization and digitalization has seen a plethora of changes in the way businesses and the economy as a whole is run.

The government of India has also taken various initiatives to keep pace with the dynamic and ever-changing digital revolution. One such initiatives is the Government e-Market or GeM.

GeM is a path breaking end-to-end Marketplace for open, efficient & transparent procurement of goods and services for various government ministries, departments, Public Sector Undertakings and other apex autonomous bodies of the Central Government for Public Procurement.

GeM Sahay on the other hand is app which has been launched to address the credit access challenges faced by MSMEs. This initiative paves the way for frictionless financing with the help of digital lenders or fintech forms. MSMEs can now get a loan at the point of acceptance of an order on the GeM platform so as to provide help in meeting the working capital needs and ensure, easy availability of credit.