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10 times growth in procurement from GeM, says Goyal

by Blitz India Media
June 27, 2023
in News
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Piyush Goyal hosts Ambassadors of African countries
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Team Blitz India

NEW DELHI: Union Minister of Commerce and Industry, Piyush Goyal on June 27, highlighted the ”10x” growth in procurement from Government e-Marketplace (GeM) in the last three years. The Minister praised all the stakeholders of GeM for being catalysts of change during his address at the ‘Kreta-Vikreta Gaurav Samman Samaroh 2023’ organized by GeM in New Delhi.

Piyush Goyal also lauded the efforts of the persons whose contribution has brought about the transformational change in the public procurement landscape of the country. The Minister noted that GeM is endeavouring to achieve the PM Narendra Modi’s vision of a unified, transparent and efficient procurement system.. He emphasised that the GeM has enabled benefits of scale and achieved multidimensional growth in the last seven years.

Piyush Goyal said that saving of taxpayers’ money due to increased use of GeM by Central and State Departments for procurement of goods and services has resulted in its better utilisation for public welfare projects. The Minister also expressed hope that overall procurement of goods and services from the government portal GeM would cross Rs 3 lakh crore in FY 2022-23.

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