newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra
PSU Mantra

GeM Strengthens Inclusive Government Procurement for Small and Women-Led Enterprises

GeM government procurement for MSEs

NEW DELHI.  The Government e-Marketplace (GeM) has emerged as a key enabler for Micro and Small Enterprises (MSEs), women entrepreneurs, SC/ST businesses and startups to participate competitively in government procurement. As of November 30, over 11.25 lakh MSE sellers were registered on the platform, collectively securing government orders worth ₹7.44 lakh crore. This accounts for 44.8 per cent of the total order value on GeM, significantly exceeding the mandated annual procurement target of 25 per cent for MSEs. Women-led enterprises have also seen rising participation, with more than two lakh women-owned MSEs active on the platform and orders worth ₹78,066 crore, supported by initiatives such as the Womaniya programme focused on onboarding, training and access to opportunities.

The Ministry of Commerce & Industry said GeM promotes inclusive procurement through policy-aligned platform features, including dedicated filters for MSEs, women-led and SC/ST enterprises, along with purchase preferences and relaxations in Earnest Money Deposit, turnover and experience requirements. The impact is reflected in recent transactions, including a women-led clean energy firm from Vadodara supplying renewable energy solutions worth over ₹53 crore, an SC/ST-owned enterprise from Nagpur delivering surveillance infrastructure valued at ₹29 crore, and a Mumbai-based startup securing technology service contracts worth ₹191 crore. Officials noted that GeM enhances transparency, efficiency and traceability in public procurement while advancing the goals of Digital India and Atmanirbhar Bharat through wider regional and community participation.

Related posts

Award Ceremony Recognizes Outstanding Performance of CPSEs During Swachhta Pakhwada

Newsmantra

PFC announces its partnership with the 37th National Games

Newsmantra

PFC organised the Central Sector Entities Meet 2024

Newsmantra

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More