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GeM enables procurement of nearly Rs 15 lakh crore: Goyal

by Blitz India Media
August 9, 2025
in News
0
goyal
Blitz Bureau

NEW DELHI: Delivering on PM Narendra Modi’s vision of ‘Minimum Government, Maximum Governance’, the Government e-Marketplace (GeM) evolved into a cornerstone of transparency, inclusivity and efficiency, said Union Commerce Minister Piyush Goyal on August 9, hailing the successful 9 years of the digital governance initiative. “Congratulations to @GeM_India on completing 9 years as one of India’s most impactful digital governance initiatives,” Goyal wrote on his official ‘X’ account.

Goyal said that the platform has already crossed Rs 1.52 lakh crore in transaction value for FY 2025-26 so far, and a cumulative procurement of over Rs 14.91 lakh crore across 3 crore orders has been enabled. The Government e-Marketplace initiative actively facilitates marginalised seller groups and specially abled people.

“It has also actively facilitated participation of marginalised and underrepresented seller groups, such as MSEs, women entrepreneurs, self-help groups (SHGs), tribal artisans, startups, weavers, and divyangjan,” Goyal stated. To decentralise digital procurement from the very top to lower levels, GeM was also integrated with the e-Gram Swaraj portal to enable procurement by panchayats, the minister said.

According to Goyal, the growth trajectory of the scheme reflects not just growth in numbers but a deepening of impact that is empowering local communities, enabling cost-effective procurement, and supporting Atmanirbhar Bharat. GeM recorded transactions worth Rs 5.4 lakh crore in gross merchandise Value (GMV) in FY 2024–25, according to the Ministry of Commerce.

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