💨 Abstract

The Government e Marketplace (GeM) has announced a significant reduction in transaction charges for sellers and service providers. Under the new policy, orders up to Rs 10 lakh will attract zero transaction charges, and orders between Rs 10 lakh and Rs 10 crore will incur a reduced fee of 0.30% of the total order value.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖