ENA Sectors 2023-11-14 15:29:53 <p><span style="font-size:14px"><strong>New Delhi, Nov 14 (KNN)</strong> Government portal GeM has witnessed procurement of goods and services exceeding Rs 2 lakh crore in the current fiscal, driven by increased purchasing activities across various ministries and departments.</span></p> <p><span style="font-size:14px">The portal was launched on August 9, 2016, for online purchases of goods and services by all the central government ministries and departments.</span></p> <p><span style="font-size:14px">Commerce and Industry Minister Piyush Goyal on platform X said, Gem of a landmark! Government e-Marketplace achieves an impressive Rs 2 lakh crore gross merchandise value in just eight months of 2023-24.</span></p> <p><span style="font-size:14px">In 2021-22, the procurement value stood at Rs 1.06 lakh crore. It crossed Rs 2 lakh crore last year, and going by the trend this year, it may cross Rs 3 lakh crore.</span></p> <p><span style="font-size:14px">GeM has over 63,000 government buyer organisations and over 62 lakh sellers and service providers, offering a wide range of products and services.</span></p> <p><span style="font-size:14px">Currently, government departments, ministries, public sector units, state governments, and central armed police forces are allowed to carry out transactions through this portal.</span></p> <p><span style="font-size:14px">The portal provides a wide range of products from office stationery to vehicles. Automobiles, computers and office furniture are some of the major product categories.</span></p> <p><span style="font-size:14px">Services, including transportation, logistics, waste management, webcasting and analytical, are listed on the portal.</span></p> <p><span style="font-size:14px">South Korea's KONEPS is the largest such platform in the world.</span></p> <p><span style="font-size:14px">Currently, GeM stands at third position after Singapore's GeBIZ.</span></p> <p><span style="font-size:14px">The commerce ministry, in a statement, said that central public sector enterprises (CPSEs) account for 83 per cent of the total buying.</span></p> <p><span style="font-size:14px">States/UTs like Uttar Pradesh, Gujarat, Maharashtra, Delhi, Madhya Pradesh, Jammu &amp; Kashmir, Odisha, Bihar, Assam, and Uttarakhand have placed significant amounts of procurement orders in the current financial year.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 35514 https://knnindia.co.in/news/newsdetails/sectors/gem-portal-surpasses-rs-2-lakh-crore-in-goods-and-services-procurement-this-fiscal 2023-11-14 15:29:53 knnindia.co.in