Over 400 cooperatives registered on GeM portal in last 3 months: Govt

More than 400 cooperative societies have registered on the Government e-Marketplace (GeM) portal in last three months, Union Minister B L Verma said on Monday.

On June 1, the Union Cabinet had given its approval for expanding the mandate of GeM to allow procurement by cooperatives as buyers on GeM. But it was on August 9, the cooperatives were formally onboarded the portal.

“So far, more than 400 cooperatives have registered on the GeM portal and begun the trade,” the Minister of State for Cooperation said.

He was addressing the 69th All India Cooperative Week organised by National Cooperative Union of India (NCUI) here.