March 29, 2024Business Desk

Government procurement through GeM portal exceeded Rs 4 lakh crore in FY22

The GeM portal has achieved a historic milestone, with procurement exceeding Rs 4 lakh crore as of March 28. 

Source: Pexels

Government procurement through the GeM portal has crossed Rs 4 lakh crore in the current fiscal year, reflecting its growing importance in streamlining procurement processes.

Source: Pexels

The GeM portal has witnessed a surge in procurement, with goods and services worth Rs 4 lakh crore purchased so far in the current fiscal year.

Source: Pexels

The portal has facilitated procurement exceeding Rs 4 lakh crore, highlighting its role in enabling efficient and transparent procurement practices across government entities.

Source: Pexels