GeM has reached an all-time high of Rs 2 Lakh Crore order value in a single financial year 2022-23. It is being considered a landmark achievement in pursuit of transparent procurement. GeM has emerged as a trusted platform for buyers and sellers.
GeM also completed 50 Lakh transactions in a single Financial Year (2022-23) for the first time ever at 10:40 AM on 30th March 2023.
Government e Marketplace (GeM) is the National Public Procurement Portal for procurement of goods and services for Central and State Government Organisations. It is a dedicated e market for different goods & services procured by Government Organisations / Departments / PSUs.
Government e Marketplace (GeM) facilitates online procurement of common use Goods & Services required by various Government Departments / Organisations / PSUs.
It aims to enhance transparency, efficiency and speed in public procurement. It provides the tools of e-bidding, reverse e-auction and demand aggregation to facilitate the government users, achieve the best value for their money.