What is the current Gross Merchandise Value of Government e-Marketplace?

The current Gross Merchandise Value of Government e-Marketplace is over Rs 1.55 lakh crore, marking a significant increase from Rs 422 crore a decade ago. This growth underscores the platform's effectiveness in transforming public procurement in India.

How many Micro and Small Enterprises are registered on the Government e-Marketplace?

Over 12.28 lakh Micro and Small Enterprises, including more than 2.25 lakh led by women, are registered on the Government e-Marketplace. This highlights the platform's role in empowering grassroots entrepreneurs and promoting economic growth.

What is the significance of the Startup Runway feature on the Government e-Marketplace?

The Startup Runway feature on the Government e-Marketplace showcases products from recognized startups across 13 product categories, facilitating their growth and integration into the national economy. This initiative supports the government's vision of fostering innovation and entrepreneurship.

How has the Government e-Marketplace impacted public procurement in India?

The Government e-Marketplace has enhanced competition, improved price discovery, reduced procurement cycle times, and generated significant savings for the government. It has also strengthened accountability through end-to-end digital procurement, making public procurement more efficient and transparent.

What initiatives has the Government e-Marketplace taken to support regional sellers?

The Government e-Marketplace has created over 600 product categories under the One District One Product (ODOP) GeM Bazar and introduced the GeM Sahay initiative, which provides collateral-free working capital financing against active purchase orders for Micro and Small Enterprises. These initiatives aim to make government markets more accessible to regional sellers and promote local economic development.

What is the current Gross Merchandise Value of Government e-Marketplace?

The current Gross Merchandise Value of Government e-Marketplace is over Rs 1.55 lakh crore, marking a significant increase from Rs 422 crore a decade ago. This growth underscores the platform's effectiveness in transforming public procurement in India.

How many Micro and Small Enterprises are registered on the Government e-Marketplace?

Over 12.28 lakh Micro and Small Enterprises, including more than 2.25 lakh led by women, are registered on the Government e-Marketplace. This highlights the platform's role in empowering grassroots entrepreneurs and promoting economic growth.

What is the significance of the Startup Runway feature on the Government e-Marketplace?

The Startup Runway feature on the Government e-Marketplace showcases products from recognized startups across 13 product categories, facilitating their growth and integration into the national economy. This initiative supports the government's vision of fostering innovation and entrepreneurship.

How has the Government e-Marketplace impacted public procurement in India?

The Government e-Marketplace has enhanced competition, improved price discovery, reduced procurement cycle times, and generated significant savings for the government. It has also strengthened accountability through end-to-end digital procurement, making public procurement more efficient and transparent.

What initiatives has the Government e-Marketplace taken to support regional sellers?

The Government e-Marketplace has created over 600 product categories under the One District One Product (ODOP) GeM Bazar and introduced the GeM Sahay initiative, which provides collateral-free working capital financing against active purchase orders for Micro and Small Enterprises. These initiatives aim to make government markets more accessible to regional sellers and promote local economic development.

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Government e-Marketplace Hits Rs 1.55 Lakh Crore GMV

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