Business Standard

PM hails Government e-Marketplace achieving order value of Rs 1 trn in a yr

PM Modi on Thursday hailed the govt procurement portal GeM achieving an order value of Rs 1 trillion in a single yr and said the platform is especially empowering the MSMEs.

Narendra Modi

PM Narendra Modi | Photo: ANI

Press Trust of India New Delhi

Prime Minister Narendra Modi on Thursday hailed the government procurement portal Government e-Marketplace achieving an order value of Rs 1 lakh crore in a single year and said the platform is especially empowering the MSMEs.

Government e-Marketplace (GeM) portal was launched in August 2016 for online purchases of goods and services by all central government ministries and departments.

"Happy to know that @GeM_India has achieved order value of Rs 1 Lakh Crore in a single year! This is a significant increase from previous years," Modi tweeted.

"The GeM platform is especially empowering MSMEs, with 57% of order value coming from MSME sector," he said.

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Mar 24 2022 | 10:34 AM IST

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