The Government e-Marketplace, known as GeM, facilitated transactions amounting to over Rs 5 lakh crore during the fiscal year 2025-26. While this figure reflects a slight decrease compared to the previous year, it underscores the platform’s continued importance in streamlining government procurement processes. The reduced participation from the coal ministry was noted as a key contributor to this slight drop in transaction volume. GeM’s ongoing efforts to enhance its functionality have included the introduction of new features such as multi-currency bidding and global tender inquiries, aiming to further improve the efficiency and transparency of transactions.
One notable aspect is the substantial impact on micro and small enterprises, with over 11 lakh such businesses registered on the platform receiving significant orders. This highlights GeM’s role in fostering opportunities for smaller entities to engage in government procurement activities, potentially boosting their growth and sustainability.
Source: Tech-Economic Times