GeM | DD News

April 6, 2026 5:29 PM

GeM crosses Rs 18.4 lakh crore GMV, strengthens India’s digital public procurement ecosystem

The Government e Marketplace (GeM) has achieved a cumulative Gross Merchandise Value (GMV) of ₹18.4 lakh crore, including surpassing ₹5 lakh crore in procurement during the financial year 2025–26, marking a significant milestone in India’s digital governance journey. The platform has emerged as a key enabler of transparent, efficient, and inclusive public procurement, facilitating seamless transactions between government buyers and sellers across the country. Officials said the mileston...

January 20, 2026 8:56 PM

Botswana’s diamond stockpile swells as gem price slump persists

Botswana's diamond stockpile is nearly double its target inventory levels amid persistent low prices, leaving the country unable to increase gem production in the short term to lift its economy, the finance ministry has said. Botswana's economy was expected to shrink by almost 1% in 2025 following a 3% contraction the year before, largely due to the collapse of diamond prices under pressure from lab-grown gems and weak global demand. The price slump forced miner Debswana, Botswana's joint vent...

September 25, 2025 7:36 PM

GeM launches Vigilance Awareness Week campaign to promote transparency in public procurement

Government e-Marketplace (GeM) has rolled out a special campaign during Vigilance Awareness Week titled “GeM Ki Sunien, Satark Rahein, Zimmedar Banein”, reaffirming its commitment to integrity, transparency, and ethical practices in public procurement. The initiative is designed as a comprehensive awareness and educational drive, encouraging government buyers to follow best practices, comply with procurement rules, and make full use of GeM’s built-in safeguards. For sellers, particularly ...

August 25, 2025 4:31 PM

GeM crosses ₹15 lakh crore milestone in cumulative GMV since launch

The Government e-Marketplace (GeM) has achieved a milestone by surpassing ₹15 lakh crore in cumulative Gross Merchandise Value (GMV) since its inception in 2016. The development highlights the growing trust of buyers and sellers across India in GeM’s vision of creating a transparent, efficient and inclusive public procurement ecosystem. Over the past nine years, GeM has evolved into a robust digital platform, connecting government buyers with a wide range of sellers, including Micro and Sma...

May 20, 2025 10:42 AM

GeM completes eight years with 1.64 lakh buyers and 4.2 lakh sellers, leading India’s public procurement reform

The Government e Marketplace (GeM), India’s national public procurement portal, celebrated its 8th Incorporation Day with a renewed commitment to inclusive growth, digital governance, and economic empowerment. On this occasion, GeM launched GeMAI, India’s first generative AI-powered chatbot for the public sector, marking a significant milestone in digital public service delivery. Driving Innovation and Inclusion Speaking at the event, GeM CEO Mihir Kumar said that GeM continues to innovate...

April 2, 2025 1:23 PM

GeM facilitates hiring of over 1 million resources in FY 2024-25, PM Modi lauds platform’s impact

The Government e-Marketplace (GeM) has achieved a significant milestone by facilitating the hiring of over 1 million manpower resources by government organizations in the current fiscal year (2024-25), according to the Ministry of Commerce & Industry. Recognizing GeM’s contribution to employment generation and economic growth, Prime Minister Narendra Modi commended the platform’s impact. Responding to a post by Union Minister Piyush Goyal on social media platform X, the Prime Minister s...

March 18, 2025 11:36 AM

Government e marketplace surpasses Rs.5 lakh crore GMV ahead of FY 2024-25 year-end

The Government e-Marketplace (GeM) has reached a significant milestone by crossing Rs.5 lakh crore in Gross Merchandise Value (GMV), just weeks before the financial year 2024-25 concludes. This achievement underscores GeM’s rapid growth as a key platform for public procurement, benefiting over 1.6 lakh government entities across India. According to a statement from the Ministry of Commerce & Industry on Monday, the platform's growth has been particularly impressive, with the leap from Rs....