Def Ministry tops in procuring from GeM

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Ministry of Defence(MoD) has emerged as the leading Ministry amongst a total of 56 Ministries and Departments participating in the Government eMarketplace (GeM), holding the top position in both order value and order quantity.

 Since its inception, the Ministry has contributed significantly to the Gross Merchandise Value (GMV) of GeM, which has reached an impressive Rs. 73,225.30 Cr as of September 12.

Giving details here on Thursday, defence ministry officials said here in the current financial year, the procurement through GeM has already reached an impressive Rs. 18,790.60 Cr as of September 12.

The significant milestone of procuring goods and services worth over Rs. 18,000 Cr, underscores an outstanding average daily order value of Rs 109 Cr in the current financial year. This achievement results from the active participation of more than 19,800 buyers across the country, collectively placing over 3 lakh orders.

Daily Pioneer
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