Government e-Marketplace India - newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra https://newsmantra.in/tag/government-e-marketplace-india/ Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra Thu, 09 Apr 2026 10:15:17 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://newsmantra.in/wp-content/uploads/2019/05/cropped-newmantra-logo-32x32.png Government e-Marketplace India - newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra https://newsmantra.in/tag/government-e-marketplace-india/ 32 32 Punjab National Bank Partners with GeM to Provide Unsecured Credit to Sellers Under GeM Sahay Initiative  https://newsmantra.in/pnb-gem-sahay-unsecured-credit-sellers-partnership-india/ Thu, 09 Apr 2026 10:15:17 +0000 https://newsmantra.in/?p=79585 Mumbai: Punjab National Bank (PNB) has signed a strategic MoU with the Government e-Marketplace (GeM) to enhance  financial access for sellers registered on the platform. Under the partnership, PNB will provide unsecured short-term credit to eligible sellers as part of the GeM  Sahay initiative, strengthening liquidity and supporting timely order...

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]]> Mumbai: Punjab National Bank (PNB) has signed a strategic MoU with the Government e-Marketplace (GeM) to enhance  financial access for sellers registered on the platform. Under the partnership, PNB will provide unsecured short-term credit to eligible sellers as part of the GeM  Sahay initiative, strengthening liquidity and supporting timely order execution.

The MoU was signed by:Ajit B. Chavan, Additional CEO & Chief Seller Officer, GeM, Atish Kumar Rout, General Manager – DBTD, PNB .

This agreement officially onboards PNB as a lending partner on the GeM Sahay platform, enabling sellers to access financing against confirmed purchase orders.

Speaking on the partnership, Shri Atish Kumar Rout, General Manager – DBTD, PNB, stated: “This collaboration with GeM aims to advance Digital India by offering financial support to sellers, reducing manual efforts, and improving transparency and efficiency across the procurement ecosystem.”

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]]> Coal India Surpasses FY26 GeM Procurement Target, Achieves 114% Ahead of Year-End https://newsmantra.in/coal-india-surpasses-gem-procurement-target-fy26/ Thu, 26 Feb 2026 09:12:59 +0000 https://newsmantra.in/?p=77820 Kolkata: Coal India Limited (CIL) has exceeded its procurement target through the Government e-Marketplace (GeM) platform for the financial year 2025–26. The company has achieved procurement worth approximately Rs 61,891 crore so far, surpassing its annual target of Rs 54,223 crore. With this performance, Coal India has reached 114 per...

The post Coal India Surpasses FY26 GeM Procurement Target, Achieves 114% Ahead of Year-End appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

]]> Kolkata: Coal India Limited (CIL) has exceeded its procurement target through the Government e-Marketplace (GeM) platform for the financial year 2025–26. The company has achieved procurement worth approximately Rs 61,891 crore so far, surpassing its annual target of Rs 54,223 crore.

With this performance, Coal India has reached 114 per cent of its full-year GeM procurement target even before the close of the financial year. The achievement highlights the company’s strong adoption of the GeM platform and its commitment to transparent and efficient public procurement practices.

The post Coal India Surpasses FY26 GeM Procurement Target, Achieves 114% Ahead of Year-End appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

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