MSEs corner 55% of total orders placed on GeM

Micro and small enterprises (MSEs) have cornered over 55 per cent of the total orders placed on the public procurement platform GeM since FY 2020-21, a senior government official said.

The Government e-Market portal was launched on August 9, 2016, for online purchases of goods and services by all the central government ministries and departments. GeM CEO P K Singh said that the public procurement policy for MSEs mandates 25 per cent of buying of goods and services from these units and 3 per cent MSEs owned by women.

“On GeM, MSEs have secured 55.2 per cent (Rs 1,41,887 crore) of total order value (Rs 2,57,263 crore) and MSEs owned by women have secured 8 per cent (Rs 11,373 crore) of the MSE orders since FY 2020-21 till now. The numbers reflect inclusivity on GeM,” Singh said. Procurement of goods and services from GeM has crossed Rs 1 lakh crore so far in FY23 on account of an increase in buying activities by different ministries.

The Commerce Ministry is also in the process of awarding a project to upgrade the portal.

Currently, government departments, ministries, public sector units, state governments, and Central Armed Police Forces are allowed to carry out transactions through this portal.