Govt e-marketplace records 10 times growth in procurement in last 3 years: Goyal

Posted on:
Key Points

New Delhi: Union commerce and industry minister Piyush Goyal on Tuesday said that there has been a staggering tenfold growth in procurement from the Government e-Marketplace (GeM) over the past three years...

The minister praised GeM for its transformative impact on the country's public procurement landscape, aligning with Prime Minister Narendra Modi's vision of establishing a unified, transparent, and efficient procurement system..

Since its inception, GeM has revolutionized the government procurement process in India, providing a transparent, efficient, and cost-effective platform for buyers and sellers across the country..

GeM currently caters to the diverse procurement needs of over 69,000 government buyer organizations, offering a wide range of products and services across over 11,800 product categories and 280 service categories..

GeM boasts a vast network of over 63,000 government buyer organizations and more than 62 lakh sellers and service providers, offering a wide array of products and services...