Key Points
New Delhi [India], March 29 (ANI): Procurement of services through the GeM portal witnessed a staggering 205 per cent growth in the current financial year 2023-24, official data showed...
Government e-Marketplace (GeM) has closed the current fiscal year on a high note, crossing the milestone of Rs 4 lakh crore in Gross Merchandise Value (GMV)...
The surge in GMV can be attributed to the substantial increase in the procurement of services through the GeM portal, which witnessed a staggering 205 per cent growth compared to the previous fiscal year...
He highlighted GeMs collaboration with over 5.2 lakh Common Service Centres (CSCs) and 1.5 lakh India Post offices, which has played a significant role in expanding outreach and capacity-building at the grassroots level...
With over 12,070 product categories and 320+ service categories, GeM has emerged as a one-stop solution for seamless public procurement, offering sellers and service providers across the nation an opportunity to showcase their products and services transparently..
You might be interested in
GeM doubles business this fiscal, gross merchandise value crosses Rs 4 lakh crore
30, Mar, 24New Delhi [India], March 29 (ANI): Government e-Marketplace (GeM) has closed the current fiscal year on a high note, crossing the milestone of Rs 4 lakh crore in Gross Merchandise Value (GMV). According to a press release by the Ministry Commerce and Industry, this achievement marks a doubling of GMV compared to the previous fiscal […]
FY24 services procurement from GeM seen Rs 1.5 lakh crore
01, Nov, 23The Government e-Market (GeM) portal was launched on August 9, 2016, for online purchases of goods and services by all the central government ministries and departments. GeM CEO P K Singh said that services procurement was just Rs 3,069 crore in 2019-20 but reached Rs 65,957 crore in FY23.
GeM organizes district-level workshops for buyers and sellers across Uttar Pradesh
12, Jun, 23Ease of Doing Business for MSMEs: The workshop will provide the MSME sellers with the proper knowledge and know-how about the functioning of the public procurement platform and resolve their queries and doubts, if any.
Q3 growth at 8.4%: PM Modi says 'GDP data shows strength of Indian economy'
29, Feb, 24India Business News: NEW DELHI: The third quarter Gross Domestic Product (GDP) of FY 24 was at 8.
Procurement from GeM portal crosses Rs 2 lakh crore so far this fiscal
13, Nov, 23GeM has over 63,000 government buyer organisations and over 62 lakh sellers and service providers, offering a wide range of products and services. Currently, government departments, ministries, public sector units, state governments, and central armed police forces are allowed to carry out transactions through this portal.
Public procurement: Govt purchases from MSMEs cross Rs 4 lakh crore through GeM portal
23, Apr, 23Ease of doing business for MSMEs: “Winning with trust! @GeM_India marks another milestone in public procurement. PM @NarendraModi has ensured transparency & a level-playing field for MSMEs and small businesses,” Commerce Minister Piyush Goyal tweeted hailing GeM’s growth.
Government procures 42 per cent more than the set target from MSEs under the Public Procurement Policy
12, May, 23Ease of Doing Business for MSMEs: The top buyer of MSME goods from GeM was the defence ministry in FY23 which nearly doubled its online procurement from the previous fiscal.
GeM is a digital tool in the national interest: Goyal
01, Apr, 23GeM is a symbol of the speed with which PM Narendra Modi has taken the country forward through modern technology, said the minister.
UP government top buyer from GeM portal in FY23
19, May, 23Uttar Pradesh emerged as the largest buyer of goods and services among all states and Union Territories from government portal GeM in 2022-23, according to the central government data.
Indian govt chooses TCS to enhance and transform GeM; check details here
08, Aug, 23GeM is an end-to-end marketplace for the central government, state governments and PSUs to procure common use goods and services.