Current Affairs Economy & Banking

Government Recorded More Than Rs. 12,000 Crore Business On GeM

Category : Economy & Banking

 The National Mission on Government e Marketplace (GeM), was launched by the Minister of Commerce and Industry, Suresh Prabhu, on 5th of September 2018. This was followed by the launch of the Mission in 19 States and Union Territories. GeM has recorded till date more than 8 lakh transactions worth over Rs.12,239 crore. The Government of India decided to launch a six week long National Mission on GeM from 6th Sept. to 17th Oct 2018 in order to increase awareness, accelerate the use of GeM and to further augment the proven benefits of procurement through GeM for all government departments and organisations.
Source-PIB


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