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Government e-Marketplace (GeM) is the National Public Procurement Portal; an end-to-end online Marketplace for Central and State Government Ministries / Departments, Central & State Public Sector Undertakings, Autonomous institutions and Local bodies, for procurement of common use goods & services.
Based on recommendations of Group of Secretaries made to Hon’ble Prime Minister, the Government decided that GeM SPV will create a one stop Government eMarketplace (GeM) to facilitate online procurement of common use Goods & Services required by various Government Departments / Organizations / PSUs.
The Government e Marketplace (or e-Marketplace) (GeM) is an online platform for public procurement in India. The initiative was launched on August 9, 2016, by the Ministry of Commerce and Industry, Government of India with the objective to create an open and transparent procurement platform for government buyers.
Government e-Marketplace (GeM) is the National Public Procurement Portal; an end-to-end online Marketplace for Central and State Government Ministries / Departments, Central & State Public Sector Undertakings, Autonomous institutions and Local bodies, for procurement of common use goods & services.
Government e-Marketplace (GeM - gem.gov.in) is a very bold step of the Government with the aim to transform the way in which procurement of goods and services is done by the Government Ministries and Departments, Public Sector Undertakings and other apex autonomous bodies of the Central Government.
Jul 12, 2024 · Prashant Kumar Singh, CEO, Government e-Marketplace The Government e-Marketplace has clocked a Gross Merchandise Value of ₹1,24,761 crore at the end of first quarter, representing a quarter-on-quarter growth of 136% over last year’s GMV of ₹52,670 crore. Launched in 2016 with the goal of building a domestic e-procurement system, GeM has reformulated a previously fragmented system into a comprehensive one-stop-solution that is widely used by all government buyers and serviced by pan ...
Jul 12, 2024 · New Delhi: India’s government procurement portal Government e Marketplace (GeM), which has facilitated orders worth over Rs 9.21 lakh crore since its inception in 2016, is likely to become the ...
Nov 1, 2023 · Government e-Marketplace (GeM) has achieved significant milestones in the procurement of services over the past few years. GeM, India's leading online platform for government procurement, witnessed an extraordinary increase in the transaction value, reinforcing its commitment to streamlining the procurement process and fostering efficiency and ...
The Government e Marketplace (GeM) platform was launched on 9 th August, 2016 as an online, end to end solution for procurement of commonly used goods and services for all Central Government and State Government Ministries, Departments, Public Sector Units (PSUs) and affiliated bodies. The purpose of this document is to
6 days ago · Comments. New Delhi, Jul 12 (KNN) In a significant development for India's digital economy, the state-run Government e-Marketplace (GeM) is poised to become the world's largest e-commerce portal for public procurement. According to official projections, GeM is expected to surpass Rs 6 lakh crore in sales volume during the 2024-25 fiscal year ...
