Piyush Goyal, the Commerce Minister, has advocated for broadening Indias public procurement platform, GeM. He stressed the need to bring more state agencies on board and reach district levels to enable competitive pricing. The platform has already facilitated over ₹5 lakh crore in annual procurement, notably from defense. The upcoming GeM 2.0 promises to enhance functionalities and promote future growth through technological advancements, including AI and financial systems integration.

The Government e-Marketplace, known as GeM, has revolutionized public procurement in India by providing standardized digital tools that boost confidence among buyers and sellers.…

Government e-Marketplace (GeM) has recorded a Gross Merchandise Value of over Rs 1.55 lakh crore, up sharply from Rs 422 crore a decade ago, Commerce Minister Piyush Goyal said.…