GeM Portal Procurement Crosses ₹4 Lakh Crore This Fiscal, MSMEs Receive 45% Of Orders

Public procurement routed through the Government e-Marketplace (GeM) has exceeded ₹4 lakh crore in the current financial year, supported by more than 50 lakh purchase orders from ministries and departments, according to PTI report. 

Order Value and Volume Climb Sharply 

GeM CEO Mihir Kumar said transaction volumes and values this year are on track to surpass last year’s record levels. He noted that over 50 lakh procurement orders have already been processed on the platform so far this fiscal, aggregating to about ₹4 lakh crore in value. 

In FY25, the portal handled around 72 lakh orders worth ₹5.43 lakh crore. Since its launch in August 2016, cumulative procurement through the platform has reached roughly ₹17.33 lakh crore. 

MSME Share Exceeds Policy Mandate 

A significant portion of procurement continues to flow to micro, small and medium enterprises. According to Kumar, nearly 45% of total public procurement orders on GeM are currently awarded to MSMEs, well above the government’s mandated minimum threshold of 25%. 

The platform has expanded into a large buyer-seller ecosystem, with more than 1.5 lakh registered government buyers and over 62 lakh sellers and service providers offering goods and services. 

Wide Product and Service Coverage 

GeM is authorised for use by central ministries, departments, public sector undertakings, state governments and central armed police forces. Transactions on the portal span everyday supplies to specialised requirements. 

Key product categories include vehicles, computers, office furniture and stationery. The services segment covers areas such as transport, logistics, waste management, helicopter hiring and webcasting. 

Read More: Government Evaluates Strategic Merger of PFC and REC! 

Conclusion 

With rising order volumes, growing MSME participation and broader institutional adoption, GeM continues to strengthen its role as the primary digital backbone for government procurement. 

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