1. GeM - Government e-Marketplace: An online platform for procurement of goods and services by government organizations.
2. EMD - Earnest Money Deposit: A security deposit made by bidders to show their sincerity in the bidding process.
3. ePBG - Electronic Performance Bank Guarantee: A financial security provided by the successful bidder to ensure proper execution of the contract.
4. MSE - Micro and Small Enterprises: Small-scale businesses as defined by the government.
5. OEM - Original Equipment Manufacturer: The company that originally manufactured the product.
6. ATC - Additional Terms and Conditions: Extra terms specified by the buyer in addition to the standard terms.
7. STC - Special Terms and Conditions: Specific terms applicable to a particular category or item.
8. GTC - General Terms and Conditions: Standard terms applicable to all transactions on GeM.
9. DPIIT - Department for Promotion of Industry and Internal Trade: A government department responsible for formulating policies.
10. RA - Reverse Auction: A type of auction where sellers compete to obtain business from the buyer.
11. PSU - Public Sector Undertaking: Government-owned corporations.
12. MSME - Micro, Small and Medium Enterprises: Businesses classified based on their investment and turnover.
13. MII - Make in India: A government initiative to encourage domestic manufacturing.
14. NPPA - National Pharmaceutical Pricing Authority: Government body that fixes/revises prices of controlled drugs.
15. DPCO - Drug Price Control Order: Regulations for the pricing of drugs.
16. MDR - Medical Device Rules: Regulations governing medical devices in India.
17. CDSCO - Central Drugs Standard Control Organization: National regulatory body for pharmaceuticals and medical devices.
18. MoHFW - Ministry of Health & Family Welfare: Government ministry responsible for health policy.