Government eMarketplace gets ₹1 L Cr orders in FY22

The commerce and industry ministry launched GeM on August 9, 2016, replacing Directorate General of Supplies and Disposal to create an open and transparent procurement platform of commonly used goods and services for all government departments, mi...

Procurement of goods and services from the national procurement portal for official purchases - the Government eMarketplace (GeM) - has crossed ₹1 lakh crore during this fiscal year, led by a sharp increase in buying from different ministries and departments. The procurement value may cross ₹1.5 lakh crore in the next fiscal, chief executive officer of GeM P K Singh said on Thursday.

Earlier, the portal had crossed the ₹1 lakh crore mark in about four-and-a-half years but now this was achieved during one fiscal year, Singh said.

"Happy to know that GeM has achieved order value of ₹1 lakh crore in a single year! This is a significant increase from previous years. The GeM platform is especially empowering MSMEs, with 57% of order value coming from the MSME sector," Prime Minister Narendra Modi tweeted on Thursday.


On March 23, 2022, GeM reached the ₹1 lakh crore milestone, a whopping 160% growth compared to the previous fiscal year.

The commerce and industry ministry launched GeM on August 9, 2016, replacing Directorate General of Supplies and Disposal to create an open and transparent procurement platform of commonly used goods and services for all government departments, ministries and public sector firms.

It aims to streamline procurement by the central and state governments, which is estimated at ₹5-7 lakh crore each year.
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"The number of orders has surpassed 31.5 lakh in FY22 with a growth of 22%," Singh said, adding that GeM is among the top five e-public procurement systems globally and that there are no Chinese products on the portal at present.

Uttar Pradesh, Delhi, Gujarat, and Madhya Pradesh are among the top five states that are buying from the portal. Procurement by central public sector enterprises rose to ₹43,000 crore.

Singh said that to promote inclusivity, GeM is integrating with panchayati raj institutions to allow online buying and selling by panchayats and a pilot for the same in Gurugram has been successfully completed.
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