This initiative seeks to provide much-needed relief to the MSME sector and has resulted in the disbursal of over Rs 256 crore to MSMEs, facilitating increased bank credit flow by freeing up guarantees, read the Ministry of Finance press release.
In the current fiscal year, GeM procurement has already reached Rs 23,798 Crore as of September 14, exceeding the annual target for FY’ 2023-24 of Rs 21,325 Crore within the second quarter itself, read the Ministry of Coal press release.
Procurement of goods and services from government portal GeM will cross Rs 3 lakh crore this financial year ending on March 31, 2024, said Chief Executive Officer of Government e-Marketplace (GeM) PK Singh in a media briefing.
NLC India Limited, a Navratna company under the Ministry of Coal, bagged the GeM award in the category "Timely Payments (CPSEs)" for the year 2023 for its contribution to improving the reliability of e-market practices.
"#IndianArmy has been adjudged as the best organisation in the Ministry of Defence #MoD for procurement on Government e-Marketplace #GeM for the financial year 2022-23. Lt Gen MV Suchindra Kumar #VCOAS received the prestigious award on behalf of the #IndianArmy today at #NewDelhi. #IndianArm
The four-day event brought together a global community of visionary start-ups, investors, organisations, researchers, corporations and talent, who have exemplified the use of technology and innovation in driving human welfare.
Government e-Marketplace (GeM), India's premier online procurement platform, is organizing Buyer-Seller Workshops in all 75 districts of Uttar Pradesh from June 12 till August 31. These workshops aim to enhance the understanding of GeM's functionalities among buyers and sellers in the state,
New Delhi [India], May 9 (ANI/PNN): Being an emerging superpower, India is experiencing a steady growth in the need for the procurement of products across multiple Government initiatives over time. To streamline such procurement and selling, the Hon'ble Prime Minister of India, with recommen
New Delhi [India], April 25 (ANI/NewsReach): GeM (Government e-Marketplace) is an online platform launched on August 9th, 2016 by the Prime Minister of India, aimed at bringing efficiency and transparency to the country's public procurement system. GeM provides direct access to government de
Commerce and Industry Minister highlighted the role of the Government e-Marketplace (GeM) portal as a digital tool in the public and national interest.
A total of Rs 2 lakh crore of Gross Merchandise Value (GMV) was processed under Government e-Marketplace (GeM) platform in the financial year 2022-23 which ended on Friday
Prime Minister Narendra Modi on Friday, expressed happiness at the Government e-Marketplace (GeM) crossing Gross Merchandise Value of Rs 2 lakh crore in 2022-23.