{"id":97033,"date":"2026-04-07T14:29:12","date_gmt":"2026-04-07T08:59:12","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=97033"},"modified":"2026-04-07T14:29:12","modified_gmt":"2026-04-07T08:59:12","slug":"government-e-marketplace","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/government-e-marketplace\/","title":{"rendered":"Government e Marketplace"},"content":{"rendered":"<h2><b>Government e Marketplace Latest News<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The Government e Marketplace (GeM) has achieved a cumulative Gross Merchandise Value (GMV) of \u20b918.4 lakh crore, including crossing \u20b95 lakh crore GMV in the financial year 2025\u201326.\u00a0\u00a0<\/span><\/p>\n<h2><b>About Government e Marketplace<\/b><\/h2>\n<ul>\n<li><span style=\"font-weight: 400;\">It is India\u2019s <\/span><b>national public procurement portal<\/b> <b>launched in 2016 <\/b><span style=\"font-weight: 400;\">by <\/span><b>the Ministry of Commerce &amp; Industry.<\/b><\/li>\n<li><span style=\"font-weight: 400;\">It enhances <\/span><b>transparency, efficiency and inclusivity<\/b><span style=\"font-weight: 400;\"> in procurement.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">It is the portal for procurement of goods and services for all <\/span><b>Central Government and State Government Ministries<\/b><span style=\"font-weight: 400;\">, Departments, Public Sector Units (PSUs) and affiliated.<\/span><\/li>\n<li><b>Features<\/b>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is a <\/span><b>fully digital, cashless and system-driven platform<\/b><span style=\"font-weight: 400;\"> that offers an end-to-end solution for all government buyers and sellers.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It uses <\/span><b>AI-powered tools and a multilingual Learning Management System <\/b><span style=\"font-weight: 400;\">(LMS) to facilitate access to public procurement.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It also features <\/span><b>voice-enabled navigation<\/b><span style=\"font-weight: 400;\"> and region-specific training modules that support onboarding and transactions for sellers, including those in remote and underserved areas.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2><b>Objectives of GeM Portal<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To <\/span><b>increase efficiency<\/b><span style=\"font-weight: 400;\">, transparency and speed in public procurement<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To <\/span><b>provide multiple modes of procurement<\/b><span style=\"font-weight: 400;\"> like direct purchase; bidding with reverse e-auction; e-bidding and direct reverse auction.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To make ministries\/ government departments to mandatorily procure goods and services from the portal<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To enable efficient price discovery; economies of scale and dissemination of best practices<\/span><\/li>\n<\/ul>\n<p><b>Source:<\/b> <strong><a href=\"https:\/\/www.pib.gov.in\/PressReleasePage.aspx?PRID=2249335&amp;reg=3&amp;lang=2\" target=\"_blank\" rel=\"nofollow noopener\">PIB<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Government e Marketplace is India\u2019s national public procurement portal launched in 2016 by the Ministry of Commerce &#038; Industry. Read more about Government e Marketplace, Features, Objectives, Latest News.<\/p>\n","protected":false},"author":24,"featured_media":97007,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-97033","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/97033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=97033"}],"version-history":[{"count":4,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/97033\/revisions"}],"predecessor-version":[{"id":97064,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/97033\/revisions\/97064"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/97007"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=97033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=97033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=97033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}