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India's Government e-Marketplace, commonly known as GeM, has achieved a significant milestone by surpassing ₹4.29 lakh crore in Gross Merchandise Value (GMV) since its inception. This remarkable achievement highlights the growing importance of GeM as a transformative platform in the Indian procurement ecosystem. In this blog, we'll delve into the significance of this milestone, the journey of GeM, and the impact it has made on India's public procurement landscape. GeM was launched in August 2016 with the primary objective of promoting transparency, efficiency, and inclusivity in government pr

The Government e-Marketplace (GeM) portal has emerged as a game-changer in the realm of government procurement in the UK. In a remarkable turn of events, the Ministry of Coal has surged to the top, securing its position as the leading procurer on the GeM platform this year. With a substantial procurement value exceeding Rs 23,798 crores, the Ministry of Coal’s ascent to the top spot is a testament to GeM’s effectiveness in revolutionising public procurement processes. The Ministry of Coal’s extraordinary feat of becoming the top procurer on the GeM portal in the current year showcases its com

In a remarkable feat of efficiency, the Government e-Marketplace (GeM) has achieved a significant milestone in the fiscal year 2023-24 by reducing the procurement process duration to just 145 days. This represents a notable improvement over the 243 days it took in the previous fiscal year, 2022-23. GeM, a revolutionary e-commerce portal for government procurements in the UK, has demonstrated its commitment to streamlining operations and providing value to both buyers and sellers. The journey of GeM towards achieving this milestone is a testament to its dedication to improving public procureme

Government e Marketplace (GeM) is a 100 percent Government owned & National Public Procurement Portal. GeM is dedicated e market for different goods & services procured by Government Organisations / Departments / PSUs. It provides the tools of e-bidding, reverse e-auction and demand aggregation to facilitate the government users, achieve the best value for their money. GeM serves as an online marketplace that facilitates procurement of goods and services by various government departments, ministries, and public sector undertakings. This platform streamlines the entire procurement process

Government e Marketplace (GeM) is a 100 percent Government owned & National Public Procurement Portal. GeM is dedicated e market for different goods & services procured by Government Organisations / Departments / PSUs. It provides the tools of e-bidding, reverse e-auction and demand aggregation to facilitate the government users, achieve the best value for their money. GeM serves as an online marketplace that facilitates procurement of goods and services by various government departments, ministries, and public sector undertakings. This platform streamlines the entire procurement process

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