GeM: Amazon of public procurement crosses whopping 30-lakh-seller milestone, thanks to Udyam portal

Ease of Doing Business for MSMEs: Business-to-business (B2B) marketplace for government departments and public sector units (PSUs) to buy goods from MSMEs, Government e-Marketplace (GeM) has crossed the 30-lakh seller milestone in little over five years. Importantly, while it took four years and around five months for the portal to add its first 10 lakh sellers, the second and third set of 10 lakh sellers were onboarded in just 10 months. As of January 27, 2021, GeM had a 10.13 lakh seller base that crossed 30 lakh sellers in November. As of November 21, 2021, 31.54 lakh sellers were registered on the marketplace, data from the GeM portal showed.