GeM platform has crosses Rs 1 lakh crore Gross Merchandise value

The Government e-Marketplace, GeM platform has crossed one lakh crore rupees Gross Merchandise value till Tuesday,November 29, 2022, for the financial year 2022-2023. GeM is an online platform for public procurement in India which was launched in August  2016 with the objective of creating an open and transparent procurement platform for government buyers.Prime Minister Narendra Modi has termed it excellent news saying that GeM is a game changer when it comes to showcasing Indian entrepreneurial zeal and furthering transparency. Lauding all those who are displaying their products on this platform. Modi asked others to do the same. Commerce and Industry.

Excellent news! @GeM_India is a game changer when it comes to showcasing India’s entrepreneurial zeal and furthering transparency. I laud all those who are displaying their products on this platform and urge others to do the same. https://t.co/O2gioaxxrL

— Narendra Modi (@narendramodi) November 29, 2022

Minister Piyush Goyal has said that the Prime Minister’s vision of democratised and transparent public procurement has created a platform which has emerged as a trusted partner for businesses especially Micro, Small and Medium Enterprises.Prime Minister, Narendra Modi has expressed happiness on Phone exports getting more than double YoY in April-Oct as mobile phone exports raced past $5-billion mark within 7 months. This is more than double of $2.2 billion that India clocked in same period last year.