{"data": {"schema": "publicfeed.update.v1", "id": "PIB-2329780", "url": "https://publicfeed.in/orders/PIB-2329780", "headline": "GeM reduces transaction charges and fees to support MSMEs", "summary": "The Ministry of Commerce & Industry announced on 28 October 2026 that the Government e Marketplace (GeM) has implemented reforms to make public procurement more affordable for Micro and Small Enterprises (MSEs). Transaction charges have been lowered from 0.50% to 0.30%, and orders up to ₹10 lakh are now exempt from these charges. Additionally, vendor assessment fees for Original Equipment Manufacturers (OEMs) have been cut by 66% to 92% since January 2024. The release does not say when the transaction charge changes take effect, but notes that Caution Money deposits were removed in July 2025.", "key_points": ["Transaction charges reduced from 0.50% to 0.30% of order value", "Orders up to ₹10 lakh are now exempt from transaction charges", "OEM assessment fees reduced by 66% to 92% since January 2024", "Caution Money deposit requirement removed in July 2025", "GeM integrated with all five TReDS exchanges for better MSME working capital"], "issued_date": "2026-10-28", "listing_date": "2026-10-28", "document": {"form": "Press release", "number": "2329780", "type": "Press release", "legal_character": "informational_communication", "functions": ["announces"], "cites": ["Union Budget 2026–27"]}, "issuer": "Ministry of Commerce & Industry", "department": "Ministry of Commerce & Industry", "source": {"key": "pib", "name": "Press Information Bureau", "site": "pib.gov.in", "official_url": "https://www.pib.gov.in/PressReleseDetail.aspx?PRID=2329780"}, "topics": ["public procurement", "msmes", "transaction charges"], "reader_topics": ["Government services"], "intent": "updates", "states": [], "national": true, "places": ["India"], "applies_to": ["MSEs", "vendors"], "dates": [{"kind": "effective", "date": "2025-07-01", "wording": "July 2025", "what": "dispensing with Caution Money deposit", "counts_from": null}, {"kind": "period_start", "date": "2024-01-01", "wording": "January 2024", "what": "reduction of OEM assessment fees", "counts_from": null}, {"kind": "event", "date": "2026-10-28", "wording": "28 OCT 2026", "what": "GeM Samvad 2026 event", "counts_from": null}], "revision": "a4645fc9735b0f53", "recorded_at": "2026-10-28T16:04:39.983875+00:00", "provenance": {"method": "ai_summary", "automated_check": "pass", "human_review": "pending"}}, "meta": {"schema": "publicfeed.update.v1", "count": 1, "next": null, "plan": "free", "feed_updated_at": "2026-10-30T20:03:10.764432+00:00", "generated_at": "2026-10-30T21:09:51+00:00"}, "attribution": "Data: PublicFeed (https://publicfeed.in), summarising official documents linked in each record. Summaries are AI-generated and not legal advice; the official original is the authority.", "license": "https://publicfeed.in/terms#data-licence"}