Goods, services procurement on GeM portal may touch Rs 1 lakh cr in FY22

Goods and services worth Rs 1 lakh crore are expected to be procured from the public procurement portal GeM in 2021-22, a senior official said on Wednesday. The Government e-Market (GeM) portal was launched in August 2016 for online purchases of goods and services by all the central government ministries and departments. GeM Chief Executive Officer Talleen Kumar said the order value in 2020-21 is projected at Rs 37,000 crore, up from Rs 22,896 crore in the previous year.
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