GeM Portal Achieves Rs 10 Lakh Crore Milestone in Public Procurement

The Government e-Market (GeM) portal has reached a cumulative sale of nearly Rs 10 lakh crore since its inception in August 2016. Launched to facilitate online purchases for central government ministries and departments, the portal has significantly benefited MSMEs, startups, and socially disadvantaged groups.

The Government e-Market (GeM) portal, which was inaugurated on August 9, 2016, has achieved a milestone of nearly Rs 10 lakh crore in public procurement over the last eight years.

Prime Minister Narendra Modi commended the platform for providing opportunities to entrepreneurs, particularly those from MSMEs, Startups, and SC/ST communities. 'This platform has achieved an impressive cumulative sale of nearly Rs 10 lakh crore,' Modi stated on social media platform X.

Since its inception, GeM has facilitated the procurement of common-use goods and services by various central, state, ministries, departments, Public Sector Enterprises (PSU), and Cooperative Societies. GeM CEO P K Singh revealed that more than 1.5 lakh government buyers are engaging with around 23 lakh sellers and service providers across India.