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NEW DELHI: The Authorities e-Market (GeM) portal with elevated shopping for actions by varied ministries and division has surpassed Rs 4 lakh crore in procurement of products and providers within the present fiscal 12 months.
GeM CEO PK Singh stated, “As of March 28, the procurement has crossed Rs 4 lakh crore. It’s historic.”
GeM has facilitated on-line procuring for central authorities entitieswith the procurement worth reaching Rs 1.06 lakh crore in 2021-22 and crossing Rs 2 lakh crore within the earlier monetary 12 months.
The procurement of providers has surged from Rs 66,000 crore to Rs 2.05 lakh crore this fiscal, whereas items price Rs 1.95 lakh crore have been bought by the platform.
GeM, launched in 2016, has an enormous community of over 63,000 authorities purchaser organizations and greater than 62 lakh sellersproviding a various vary of services.
Numerous authorities our bodies, together with ministries, public sector models, and state governments, make the most of the portal for transactions.
GeM caters to a big selection of merchandise, from workplace stationery to automobiles, with main classes like cars, computer systems, and workplace furnishings.
Moreover, the portal lists providers equivalent to transportation, logistics, waste administration, webcasting, and analytics. GeM ranks because the third-largest platform globally, following South Korea’s KONEPS and Singapore’s GeBIZ.
States and Union Territories like Uttar Pradesh, Gujarat, Maharashtra, and Delhi have positioned substantial procurement orders within the ongoing fiscal 12 months.
GeM CEO PK Singh stated, “As of March 28, the procurement has crossed Rs 4 lakh crore. It’s historic.”
GeM has facilitated on-line procuring for central authorities entitieswith the procurement worth reaching Rs 1.06 lakh crore in 2021-22 and crossing Rs 2 lakh crore within the earlier monetary 12 months.
The procurement of providers has surged from Rs 66,000 crore to Rs 2.05 lakh crore this fiscal, whereas items price Rs 1.95 lakh crore have been bought by the platform.
GeM, launched in 2016, has an enormous community of over 63,000 authorities purchaser organizations and greater than 62 lakh sellersproviding a various vary of services.
Numerous authorities our bodies, together with ministries, public sector models, and state governments, make the most of the portal for transactions.
GeM caters to a big selection of merchandise, from workplace stationery to automobiles, with main classes like cars, computer systems, and workplace furnishings.
Moreover, the portal lists providers equivalent to transportation, logistics, waste administration, webcasting, and analytics. GeM ranks because the third-largest platform globally, following South Korea’s KONEPS and Singapore’s GeBIZ.
States and Union Territories like Uttar Pradesh, Gujarat, Maharashtra, and Delhi have positioned substantial procurement orders within the ongoing fiscal 12 months.
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2024-03-29 09:41:51
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