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New Delhi, Apr 6 (PTI) Public procurement platform Government e-Marketplace (GeM) facilitated transactions worth Rs 5.03 lakh crore in 2025-26, down 7.4 per cent from the previous fiscal, a senior official said on Monday. GeM facilitated transactions worth Rs 5.43 lakh crore in 2024-25. GeM CEO Mihir Kumar said the decline in growth can be attributed to a reduced contribution from the coal ministry, whose share in total sales fell from 34 per cent to 20 per cent in 2025-26 (Rs 1,02,219 crore). ...Read More >
New Delhi [India], April 6 (ANI): The Government e Marketplace (GeM) has achieved a cumulative Gross Merchandise Value of Rs 18.4 lakh crore, including over Rs 5 lakh crore GMV in the financial year 2025-26. Addressing the media, Chief Executive Officer, Government e Marketplace, Mihir Kumar stated that crossing a cumulative GMV of Rs 18.4 lakh crore reflects the confidence of buyers, sellers and institutions in a transparent and technology-driven procurement ecosystem. This milestone reflects ...Read More >
New Delhi [India], September 27 (ANI): The Government e Marketplace (GeM) and the Arun Jaitley National Institute of Financial Management (AJNIFM), on Wednesday, signed a Memorandum of Understanding (MoU) to strengthen India's public procurement system through training, research and knowledge building. According to a statement, the MoU, signed in Delhi, aims to integrate GeM's digital procurement platform with AJNIFM's expertise in training and capacity building. The release stated that the col ...Read More >
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