Print Friendly, Pdf &Amp; Email


2-November -2023

1. Government e-Marketplace (GeM) witnesses remarkable growth in Service Procurement.

Topic: GS2 – Digital governance


  • GeM, India’s government procurement platform, has seen remarkable growth in service procurement.
  • Transaction value increased from INR 8,505 crore in FY 20-21 to INR 65,957 crore.
  • GeM’s commitment to streamlining procurement processes and enhancing transparency is evident.

Government e-Marketplace (GeM)

  • Digital Procurement: GeM facilitates the digital procurement of goods and services by government departments and agencies.
  • Centralized Marketplace: It operates as a centralized marketplace for various government purchases.
  • Efficiency and Transparency: GeM aims to enhance the efficiency and transparency of government procurement processes.
  • Transaction Value Growth: GeM has witnessed significant growth in transaction values over the years.
  • FY 20-21 Transaction Value: In FY 20-21, the transaction value was approximately INR 8,505 crore.
  • Impressive Growth: Recent data indicates a substantial increase in transaction value, reaching INR 65,957 crore.
  • Streamlining Procurement: GeM is committed to streamlining government procurement procedures.
  • Support for SMEs: The platform supports small and medium-sized enterprises (SMEs) by providing them access to government procurement opportunities.
  • Digital India Initiative: GeM aligns with the Digital India initiative, contributing to the digitization of government processes.

For Enquiry

Search By Categories
1 Mar 2024 : Daily Answer Writing
Mains Answer Writing 1-March-2024 Q1) Simultaneous elections can promote governance continuity and reduce...
1 March 2024 : PIB Summary for UPSC
PIB Summary for UPSC 1-March -2024 1. Cabinet approves establishment of International Big Cat Alliance...
1 March 2024 : Daily Current Affairs
Daily Current Affairs 1-March -2024- Top News of the Day 1. India Bolsters Strategic Presence in Indian...
1 March 2024 : The Hindu Editorial Notes PDF
The Hindu Editorial 1-March-2024 1. E-evidence, new criminal law, its implementation Topic: GS2...
1 March 2024 : Indian Express Editorial Analysis
Indian Express Editorial Analysis 1-March-2024 1. HOW TO REDUCE CHEATING Topic: GS2 – Social Justice...
29 Feb 2024 : Daily Answer Writing
Mains Answer Writing 29-February-2024 Q1) The transfer of judicial powers to quasi-judicial bodies has...
29 Feb 2024 : Daily Current Affairs
Daily Current Affairs 29-February-2024- Top News of the Day 1. Genome India Initiative: Mapping the...
29 February 2024 : The Hindu Editorial Notes PDF
The Hindu Editorial 29-February-2024 1. Vignettes of a Janus-faced economy Topic: GS3 – Indian...

© Copyright  All Rights Reserved


Head Office :- Office No-2 & 3 ,LGF,Apsara Arcade,Adjacent Karol bagh Metro,Old Rajinder Nagar ,New Delhi-110060

2nd Office:- Metro station, 2nd floor, 5B, Pusa Rd, opp. to Metro Pillar no. 110, near Karol Bagh, Block B, Karol Bagh, New Delhi, Delhi 110005