Government e Marketplace: Fostering Inclusive Economic Growth and Digital Governance
On 19th May 2025, Government e Marketplace (GeM), India’s national public procurement portal, marked its 8th incorporation day with a reaffirmation of its transformative impact on inclusive economic growth and digital governance.
Transformative Impact of GeM on Inclusive Economic Growth and Digital Governance
GeM’s Growth
- Over 1.64 lakh primary buyers and 4.2 lakh active sellers onboard.
- Platform offers 10,000+ product categories and 330+ services.
- GeM’s user base has tripled in recent years.
Impact on Government Procurement
- Average cost saving of nearly 10% in government procurement, validated by assessments from the World Bank and Economic Survey.
Empowerment of Small & Underrepresented ....
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