Current Affairs - National - Discussion

The Government e Marketplace (GeM), launched in 2016, is India’s flagship digital procurement platform aimed at ensuring transparency, efficiency, and inclusivity in government purchases. In FY 2024–25, GeM reached a remarkable ₹5.4 lakh crore in Gross Merchandise Value (GMV) and celebrated its 9th anniversary with the theme “Ease, Access and Inclusion.” Over its nine years, GeM has onboarded women-led enterprises, startups, self-help groups, artisans, and MSEs. Reforms announced included removing caution money for sellers, reducing vendor assessment fees, and exempting 97% of orders from transaction charges, reinforcing its role in modernising public procurement.