Government e-Marketplace surpasses 15 lakh crore in public procurement

  Government e-Marketplace: The digital procurement platform of the Government of India, GeM (Government e Marketplace), has so far done a turnover of more than Rs 15 lakh crore. This information has been given in a press note issued by the Ministry of Commerce and Industry. GeM was launched in the year 2016 so that the government procurement process can be transparent and easy. That is, the goods or services required by the government are now purchased online and full care is taken to ensure that there is no irregularity in it.

GeM has also done a great job in the first quarter (April to June) of this financial year 2024-25. The government believes that it will soon become the world's largest platform.

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It is also playing an important role in connecting small entrepreneurs, startups and women entrepreneurs to the government market.

GeM became the most trusted platform

It has been 9 years since GeM was started. During this time, this platform has connected government buyers and sellers across the country together. Government digital platform  CEO Mihir Kumar said on this, "It is a matter of pride for us to cross the figure of Rs 15 lakh crore in nine years. This is the result of the hard work of lakhs of buyers and sellers who chose GeM. Our aim will be to connect more people, make the process easier and use technology properly."

Opportunity for small traders

GeM has given an opportunity to participate in government procurement not only to big companies, but also to small shopkeepers, women, startups, artisans and Divyangjans. Earlier, where it was difficult to participate in government tenders, now anyone can register online through GeM and sell their goods or services directly to the government. This has given many small entrepreneurs an opportunity to work with the government.

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The biggest feature of GeM is its transparency and accountability. Every transaction is done online and has a complete record. This ensures that the money is being spent at the right place. This digital platform has not only made government procurement faster and easier, but has also helped in curbing corruption.

Gem was opened 9 years ago

The government says that GeM is now playing an important role in realizing the dreams of "Digital India" and "Developed India". In simple words, now the government's deal has also become online, that too with complete honesty. With this, people sitting in every corner of the country are also able to connect with the government system.

Summary

Gem also celebrated its 9th Foundation Day this month. On this occasion, the Ministry said that GeM is now implementing the principle of "Minimum Government, Maximum Governance" i.e. "Less Government, More Good Governance". GeM has shown that if technology is used properly, then government work can also be fast and beneficial for everyone.