GeM procurement surpasses last year’s mark to over Rs 4 lakh crore so far in FY26
The Government e-Marketplace (GeM) CEO Mihir Kumar has said that the procurement of goods and services from the GeM has crossed Rs 4 lakh crore so far this fiscal with over 50 lakh buying and selling orders by various ministries and departments. He highlighted that 45% of public procurement orders are placed to MSMEs, which is higher than the mandatory requirement of 25%.
The GeM portal was launched on August 9, 2016, for online purchases of goods and services by all the central government ministries and departments. Further, a government procurement worth Rs 17.33 lakh crore has happened through the portal since its launch. GeM has over 1.5 lakh government buyers and over 62 lakh sellers and service providers offering a wide range of products and services. In FY25, 72 lakh orders valued at Rs 5.43 lakh crore were placed on the portal.
The government departments, ministries, public sector units, state governments, and central armed police forces are allowed to carry out transactions through this portal. 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. It also offers services, including transportation, hiring of helicopter services, logistics, waste management and webcasting.
