GeM witnesses four-fold rise in transactions last fiscal

Our Bureau | | Updated on: Apr 15, 2019

Government e-Marketplace (GeM), the national public procurement portal for the Central and State departments and PSUs, has witnessed a four-fold increase in transactions and doubling of number of sellers in the marketplace in 2018-19.

“GeM grossed over ₹23,000 crore in Gross Merchandise Value through more than 17 lakh transactions on the platform. Over 8.8 lakh products were made available on the platform through a network of over 2 lakh sellers and service providers. These products and services are being bought by over 34,000 government organisations,” according to an official release.

Published on April 15, 2019
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