E-marketplace For Government

GeM is in the process of finalising a proposal and sending it to the commerce and industry ministry that will thereafter seek the union Cabinet's approval

The procurement of goods and services from the government portal GeM has crossed Rs 2 lakh crore so far this fiscal due to higher buying activities by different ministries and departments. The 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 of a landmark! Government e-Marketplace achieves an impressive Rs 2 lakh crore gross merchandise value in just eight months of 2023-24," Commerce and Industry Minister Piyush Goyal said on social media platform X. In 2021-22, the procurement value stood at Rs 1.06 lakh crore. It crossed Rs 2 lakh crore last year, and going by the trend this year, it may cross Rs 3 lakh crore. GeM 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

Procurement through GeM exceeds over Rs. 18,790 crore in FY 2023-24

GeM was integrated with SAHAY to launch the GeM-SAHAY app over two years ago, to address the credit availability challenges faced by sole proprietors on GeM

Uttar 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. The Uttar Pradesh government and its agencies procured goods and services worth Rs 12,152 crore from the union commerce ministry's platform Government e-marketplace (GeM) during last fiscal year, the data showed. It was followed by Gujarat (Rs 7,964 crore) , Maharashtra (Rs 4,130 crore), Jammu and Kashmir (Rs 1,999 crore) and Madhya Pradesh (Rs 1,983 crore). Overall procurement of goods and services from GeM has crossed Rs 2 lakh crore this fiscal year on account of an increase in buying activities by different ministries, departments and states. The GeM portal was launched on August 9, 2016 for online purchases of goods and services by all the central government ministries and departments. GeM has over 63,000 government buyer organisations, over 6 crore sellers and service providers offering a wid

On March 30, GeM completed five million transactions in a single financial year for the first time ever

A high level Parliamentary panel has suggested that the government should encourage production and procurement of millets in all the states, specially those having significant tribal population

Cumulatively, GeM has surpassed GMV worth Rs 3 trillion since inception and the number of transactions on GeM exceeded 12 million

G20 Presidency an opportunity to showcase ODOP products

More than 400 cooperative societies have registered on the Government e-Marketplace (GeM) portal in last three months, Union Minister B L Verma said on Monday. On June 1, the Union Cabinet had given its approval for expanding the mandate of GeM to allow procurement by cooperatives as buyers on GeM. But it was on August 9, the cooperatives were formally onboarded the portal. "So far, more than 400 cooperatives have registered on the GeM portal and begun the trade," the Minister of State for Cooperation said. He was addressing the 69th All India Cooperative Week organised by National Cooperative Union of India (NCUI) here. Organic products, especially from North-East do not find a right market. Be it organic or other products, cooperatives can sell these items on the GeM portal, he added. Besides this, the minister said the government has taken several measures to strengthen and expand cooperatives since formation of a new cooperation ministry in July 2021. On setting up of a new .

The Centre has incrementally been expanding the GeM shopping basket by offering over 300 services and 10,000 goods categories for government sector buyers

The decision is expected to help cooperatives in getting competitive prices through an open and transparent process

Sahay initiative will enable small businesses on the portal get loans instantly against orders

Bharat Craft portal planned by the MSME ministry to help small biz, rural and tribal communities still not ready

During the meeting, Goyal urged to take measures to generate confidence in industry of corruption free and transparent procurement environment on Indian Railways

By September, all general use goods and services will have to procured through GeM, officials said on Thursday

Aimed to reduce human intervention, fasten process, enforce accountability among govt departments