Modi Lauds GeM Achieving ₹1L Cr Order Value

Prime Minister Narendra Modi on Thursday lauded Government-e-Marketplace (GeM) for achieving annual procurement of Rs 1 lakh crore in Financial Year 2021-22, stating that the platform is empowering Micro, Small and Medium Enterprises (MSME) with 57 per cent of order value coming from the sector.

The GeM is the national public procurement portal for the procurement of goods and services for Central and State government organisations.

“Happy to know that Government e Marketplace (GeM) has achieved order value of Rs 1 lakh crore in a single year! This is a significant increase from previous years. The GeM platform is especially empowering MSMEs, with 57 per cent of order value coming from the MSME sector,” PM Modi said in a tweet.

As per the data, the annual procurement was Rs 38580 crore in the FY 20-21, in FY 19-20 it was Rs 22991 crore, in FY 18-19 the procurement was Rs 17462 crore, FY 17-18 it was Rs 6188 crore and in the year 2016-17 the annual procurement was Rs 422 crore.

It is further empowering the “Aatmanirbhar Narishakti” with the launch of “Womaniya for Women entrepreneurs and Women-led Self-Help Groups (SHG)”, direct selling of handicrafts, handlooms, accessories, etc. directly to ministries and departments. It is also providing training for women entrepreneurs by various national and state women organisations. (ANI)

0 0 votes
Article Rating
Notify of
Inline Feedbacks
View all comments

We use cookies to give you the best online experience. By agreeing you accept the use of cookies in accordance with our cookie policy.

Privacy Settings saved!
Privacy Settings

When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. Control your personal Cookie Services here.

These cookies are essential in order to enable you to move around the website and use its features. Without these cookies basic services cannot be provided.

Cookie generated by applications based on the PHP language. This is a general purpose identifier used to maintain user session variables. It is normally a random generated number, how it is used can be specific to the site, but a good example is maintaining a logged-in status for a user between pages.

Used on sites built with Wordpress. Tests whether or not the browser has cookies enabled
  • wordpress_test_cookie

In order to use this website we use the following technically required cookies
  • wordpress_test_cookie
  • wordpress_logged_in_
  • wordpress_sec

Decline all Services
Accept all Services
Would love your thoughts, please comment.x