
Reiterating the absence of the Letter of Approval, BMC was within rights to cancel the tender with the supplier.
The share of procurement from MSEs out of total goods purchased by the government dropped slightly.
In furtherance to this objective, the GeM pavilion has been equipped with a professional photo shoot set up for instant…
The scheme gives preference to first-time participants and units from remote locations such as from aspirational districts and also from…
Currently, 3,078 Sikkim-based sellers are on the GeM portal, of which 2,720 sellers are registered as micro sellers.
The H1 procurement from MSEs was 38.86 per cent of the Rs 48,889 crore purchases made by 95 central public…
In a revenue policy document on August 9, 2024, the portal announced zero per cent transaction charges for all orders…
Congratulating GeM, Commerce Minister Piyush Goyal said what makes the platform “truly special is the participation of our micro and…
Under the public procurement policy of the government, these ministries have the highest procurement targets from MSEs for FY25.
Central PSUs are mandated to purchase at least 25 per cent of their total procurement value from micro and small…
The order value of goods and services sold by MSMEs via GeM had doubled in FY24 from the previous fiscal.
According to the procurement policy, CPSEs need to procure at least 25 per cent of their total procurement value from…
According to GeM, lengthy sales cycles, complex procurement processes, and significant time spent with vague agency contacts have further discouraged…
Updating the business profile for MSME sellers is important to avoid deactivation of their seller account.
Despite the decline, the share of procurement made by CPSEs from MSEs in FY24 remained well above the 25 per…
The total number of MSEs benefitting from the public procurement in the current financial year was 1.90 lakh including 8,092…
In terms of order volume, GeM recorded 23.6 per cent growth in the current financial year from FY23. Total orders…
Out of the total order value processed on GeM so far, a significant 49.6 per cent belonged to orders fulfilled…