<h1>GeM Reduces Transaction Fees to Boost Small Business Participation and Democratize Public Procurement.</h1> Government e Marketplace (GeM) marked 100 days of governance by announcing a significant reduction in transaction charges for sellers and service providers. Orders up to Rs. 10 Lakh now incur no charges, while those above Rs. 10 Lakh up to Rs. 10 Crore face a reduced fee of 0.30%. Orders exceeding Rs. 10 Crore pay a flat fee of Rs. 3 Lakh, down from Rs. 72.5 Lakh. This move aims to democratize public procurement, benefiting small-scale businesses and the services sector, which now accounts for 65% of total merchandise value. GeM's digital platform enhances transparency and efficiency in government procurement.