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GeM surpasses ₹4 lakh crore GMV, doubles business in a year
short by ReferSMS Partner / on Friday, 29 March, 2024
Government e-Marketplace (GeM) has closed the fiscal year with a ₹4 lakh crore Gross Merchandise Value (GMV), doubling its previous year's GMV. This reflects GeM's digital capabilities, enhancing efficiency and transparency in public procurement. Services procurement played a crucial role, contributing 50% to the GMV.
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