February 2, 2023 9:36 PM

Govt e-Marketplace achieves Gross Merchandise Value of Rs 1.5 lakh crore in current fiscal

The Government e-Marketplace has achieved a Gross Merchandise Value of 1.5 lakh crore rupees in the current fiscal. Commerce and Industry Ministry said that going by the current run rate, GeM is suitably placed to exceed its annual target of 1.75 lakh crore rupees. GeM has surpassed the 3 lakh crore rupee Gross Merchandise Value since inception, with the support of its stakeholders. The total number of transactions on GeM has also crossed 1.3 crore. GeM has over 66 thousand government buyer orga...