If the listing does happen, the scale could be comparable to what the LIC public issue will be in the insurance sector
GeM CEO Talleen Kumar said that a function of ''custom bid'' has also been created on the platform
By September, all general use goods and services will have to procured through GeM, officials said on Thursday
The minister also proposed to provide about Rs 27,300 crore for development and promotion of industry and commerce for 2020-21
Private buyers will be able to make bulk purchases on Government e-marketplace
2.1 million orders worth Rs 28,000 crore have been placed on GeM
In three years, government e-marketplace procurement stands at Rs 24,183 crore
Government e-marketplace has seen purchases worth Rs 2,100 crore since August 2016
The makeover of the GeM portal assumes significance as public procurement of the central and state governments is to the tune of Rs 5 lakh crore annually