Government e Marketplace Achieves ₹18.4 Lakh Crore GMV

The Government e Marketplace (GeM) has reached a cumulative Gross Merchandise Value (GMV) of ₹18.4 lakh crore, with over ₹5 lakh crore achieved in the financial year 2025–26 alone. This milestone reflects the growing adoption of digital procurement systems in India and highlights the platform’s role in enhancing transparency and efficiency in public procurement.

About Government e Marketplace (GeM)

The Government e Marketplace is India’s national public procurement portal launched in 2016 by the Ministry of Commerce and Industry. It serves as a unified platform for procurement of goods and services by Central and State Government ministries, departments, Public Sector Undertakings (PSUs), and affiliated organisations. The portal aims to streamline procurement processes while ensuring inclusivity and accountability.

Key Features of the Platform

GeM is a fully digital, cashless, and system-driven platform offering end-to-end procurement solutions. It integrates artificial intelligence-powered tools to enhance user experience and efficiency. The platform also features a multilingual Learning Management System (LMS), enabling broader accessibility. Additional features such as voice-enabled navigation and region-specific training modules facilitate participation from sellers, including those in remote and underserved regions.

Objectives of GeM Portal

The platform is designed to improve efficiency, transparency, and speed in government procurement. It provides multiple procurement modes, including direct purchase, e-bidding, reverse e-auction, and direct reverse auction. GeM also promotes mandatory procurement by government entities through the portal, ensuring standardisation and better price discovery. It supports economies of scale and encourages the dissemination of best procurement practices.

Important Facts for Exams

• GeM was launched in 2016 under the Ministry of Commerce and Industry.
• It is a digital platform for public procurement of goods and services.
• Offers modes such as reverse e-auction and e-bidding.
• Uses AI tools and multilingual LMS for accessibility.

Significance of the Achievement

The achievement of ₹18.4 lakh crore GMV underscores GeM’s transformation into a key pillar of India’s digital governance framework. It has improved transparency, reduced procurement costs, and widened market access for small and medium enterprises. The platform continues to support inclusive economic growth by integrating technology with public service delivery.