Government e Marketplace procurement crosses Rs 2 lakh-crore mark

The procurement of goods and servers from the government portal Government e Marketplace (GeM) has crossed the Rs 2 lakh crore mark, Union Commerce and Industry Minister Piyush Goyal said.

“I am confident that GeM will grow faster, the future is very bright. I would like to appeal to more and more vendors to join GeM so that they too get a chance to participate in the government procurement process,” Goyal said in Mumbai on Saturday.

“After the GeM portal was launched in 2017, business worth about Rs 400 crore was done, and in the second year, GeM did business of about Rs 5,800 crore.