Within five months on the e-marketplace Rs. Purchases of more than 1 crore

- All records broken by GeM portal

- CPSEs, Union Ministries and State Governments contributed 54 per cent, 26 per cent and 20 per cent in procurement respectively.

Ahmedabad: The online e-marketplace launched by the Government of India is reaching new heights of shopping. Central Government's GEM portal for government procurement continues to attract buyers' attention. According to a statement, purchases of goods and services from the government portal GEM have crossed one lakh crore rupees so far this financial year.

Interestingly, in FY 2022-23 the total purchase of Rs 2 lakh crore and 243 days to cross the mark of 1 lakh crore has been achieved in 145 days in FY 2023-24. The Ministry of Commerce said that this 'milestone' can be considered very encouraging. Central Public Sector Enterprises (CPSEs), Union Ministries and State Governments contributed 54 per cent, 26 per cent and 20 per cent respectively in this purchase.

In the financial year 2021-22, purchases on the portal were Rs 1.06 lakh crore. During the last financial year Rs. After crossing 2 lakh crore, this year the figure is Rs. 3 lakh crore can be crossed. The Government E-Market Portal was launched on August 9, 2016 for online procurement of goods and services by all Ministries and Departments of the Central Government.

The portal offers customers a detailed range of purchases from office stationery to vehicles. GEM has 63,000 government purchasing organizations and more than 62 lakh vendors and service providers, offering a wide variety of goods and services.

Average GMV per day in FY22-23 was Rs. 412 crores to Rs. 690 crore per day has become.