Procurement through govt’s online marketplace GeM crosses ₹4 lakh crore so far this fiscal

Procurement Through Govts Online Marketplace Gem Crosses ₹4 Lakh Crore.jpg

The procurement of goods and services through government’s portal GeM has crossed ₹4 lakh crore so far this fiscal due to higher buying activities by various ministries and departments, a senior government official said on Friday. The Government e-Market (GeM) portal was launched on August 9, 2016, for online purchases of goods and services by … Read more

Services procurement biz touches ₹Rs 1.82 lakh crore as of Feb 22 on GeM portal

Services Procurement Biz Touches ₹rs 182 Lakh Crore As Of.jpg

Procurement of services through government buying portal GeM (government e-marketplace), touched ₹1.82 lakh crore as of February 22, an official statement said on Friday. It was ₹8,500 crore in 2020-21, says, Commerce Ministry. Also read: OMCs to procure over 300 crore litres lines of ethanol annually from upcoming plants across 8 states It added that … Read more