GeM surpasses ₹4 lakh crore GMV, doubles business in a year

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.