New Delhi: GeM has achieved a total procurement value of Rs 2,70,384 crore as on 25th July 2022 since its inception. The Government of India set up the Government e-Marketplace (GeM) in 2016 as an e-marketplace to revolutionize public procurement in the country by leveraging technology.

Minister of State for Commerce and Industry Anupriya Patel, in a written reply in the Rajya Sabha, said that previously, public procurement in India was characterized by inefficient, opaque, and time consuming manual processes conducted offline, complicated by a fragmented and complex policy landscape.

GeM is an open marketplace wherein it promotes open access to information in a transparent manner. Relevant information on sellers, goods and services is easy to find and readily available for users. It provides database insights to support its users in the decision-making process.

GeM’s focus on inclusiveness is multifaceted, involving not only making the platform usable and trusted by every type of seller but also conducting active outreach to onboard marginalized and underserved seller segments including small and medium enterprises, women entrepreneurs, startups and artisans.

In view of being an end to end online and integrated portal, GeM brings efficiency in public procurement by removing manual interventions at various stages of the public procurement. The government has amended the General Financial Rules 2017 (GFR) and made a provision under Rule 149 for making it mandatory to procure Goods and Services through GeM. /BI/

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