GeM attains annual procurement of INR 1 Lakh crore in FY 2021-22

Government e-Marketplace, GeM has attained an annual procurement of one lakh crore rupees within 2021-22. This represents a 160 percent growth compared to last Financial Year. Addressing media on the occasion, Prashant Kumar Singh, CEO, GeM said that since inception the cumulative Gross Merchandize Value reached one lakh crore rupees over four and half years on 23rd March 2021. Whereas, the Gross Merchandise Value of GeM in the current Financial Year surpassed one lakh crore rupees in less than ...