Public Procurement News - Latest Updates & Headlines

Government e-Marketplace surpasses Rs 5 lakh crore GMV in FY25

New Delhi, March 17: The Government e-Marketplace (GeM) has achieved a significant milestone by surpassing Rs 5 lakh crore in Gross Merchandise Value (GMV) on its portal more than 18 days before the close of the financial year 2024-25, the commerce ministry said in a statement Monday.

GeM emerges as game-changer in public procurement in India

New Delhi, March 2: The Government e-Marketplace (GeM) has emerged as a game-changer in public procurement, creating an open and inclusive platform that benefits not just government buyers but also local entrepreneurs, startups, and small businesses.

Over 1.77 lakh women-owned firms gain GeM advantage

New Delhi, Feb 25: Women entrepreneurs comprise 8 per cent of the total seller base on the Government e-marketplace (GeM) with a cumulative 1,77,786 Udyam-verified women micro, and small enterprises (MSEs) registered on the portal, having fulfilled a cumulative order value of Rs 46,615 crore, according to an official statement issued on Tuesday.