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 e