Government e-Marketplace (GeM) surpassed milestone of One Lakh Crore rupees of procurement value in last fiscal.
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The GeM Seller Samvad has been held in Mumbai wherein numerous beneficiaries spoke about how their business has grown overwhelmingly with the help of the online portal.
The Government e Marketplace is an online platform for public procurement in India. The initiative was launched in 2016 by the Ministry of Commerce and Industry.
GeM has facilitated over one crore transactions valued at over 3.02 Lakh Crore Rupees. Notably, the portal had surpassed the milestone of One Lakh Crore rupees of procurement value in the last fiscal.
The portal has 62 thousand registered government buyers and 50.90 lakh sellers, from large conglomerates to MSMEs and women Self Help groups. Currently, GeM has about 300 service categories and over ten thousand product categories.
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