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  1. Business News
  2. About
  3. public procurement

public procurement

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BMC drops tender for water-rescue boats sourced from Turkey, cites geopolitical concerns

Reiterating the absence of the Letter of Approval, BMC was within rights to cancel the tender with the supplier.

June 3, 2025 09:53 IST
Public procurement: 42% of all goods purchased by govt in FY25 from micro, small enterprises
Public procurement: 42% of all goods purchased by govt in FY25 from micro, small enterprises

The share of procurement from MSEs out of total goods purchased by the government dropped slightly.

April 2, 2025 17:36 IST
GeM holds seller onboarding drive at India International Trade Fair
GeM holds seller onboarding drive at India International Trade Fair

In furtherance to this objective, the GeM pavilion has been equipped with a professional photo shoot set up for instant…

November 18, 2024 16:27 IST
What is govt's Procurement and Marketing Support scheme for MSMEs? Check benefits
What is govt’s Procurement and Marketing Support scheme for MSMEs? Check benefits

The scheme gives preference to first-time participants and units from remote locations such as from aspirational districts and also from…

November 7, 2024 13:17 IST
GeM inks MoU with Sikkim govt to get state departments on public procurement portal
GeM inks MoU with Sikkim govt to get state departments on public procurement portal

Currently, 3,078 Sikkim-based sellers are on the GeM portal, of which 2,720 sellers are registered as micro sellers.  

October 24, 2024 18:38 IST
Govt makes Rs 19,000 crore purchase from micro, small enterprises in H1 FY25
Govt makes Rs 19,000 crore purchase from micro, small enterprises in H1 FY25

The H1 procurement from MSEs was 38.86 per cent of the Rs 48,889 crore purchases made by 95 central public…

September 23, 2024 16:41 IST
GeM revised transaction charges: 0% for orders up to Rs 10 lakh; check full list for sellers

In a revenue policy document on August 9, 2024, the portal announced zero per cent transaction charges for all orders…

September 19, 2024 14:47 IST
GeM: Public procurement portal crosses Rs 10 lakh crore GMV
GeM: Public procurement portal crosses Rs 10 lakh crore GMV

Congratulating GeM, Commerce Minister Piyush Goyal said what makes the platform “truly special is the participation of our micro and…

September 4, 2024 12:22 IST
Public procurement: These central ministries want to be the biggest buyers of MSME goods in FY25
Public procurement: These central ministries want to be the biggest buyers of MSME goods in FY25

Under the public procurement policy of the government, these ministries have the highest procurement targets from MSEs for FY25.

September 2, 2024 14:10 IST
Will appeal to PM Modi to direct PSUs to prioritise raw material purchase from MSMEs: MSME ministry
Will appeal to PM Modi to direct PSUs to prioritise raw material purchase from MSMEs: MSME ministry

Central PSUs are mandated to purchase at least 25 per cent of their total procurement value from micro and small…

August 30, 2024 18:40 IST
GeM: 205% jump recorded in service procurement by govt from MSMEs in FY24
GeM: 205% jump recorded in service procurement by govt from MSMEs in FY24

The order value of goods and services sold by MSMEs via GeM had doubled in FY24 from the previous fiscal.

June 14, 2024 17:54 IST
public procurement, gem, government emarketplace, sc/st entrepreneurs, women entrepreneurs, msme sambandh, msme ministry, commerce ministry
Public procurement: Purchase of MSME goods by govt hits new high in FY24

According to the procurement policy, CPSEs need to procure at least 25 per cent of their total procurement value from…

May 27, 2024 16:18 IST
gem, government emarketplace, gem portal, public procurement, piyush goyal, commerce minister, india post, csc, common service center, last mile buyers, gem sellers, gem government buyers, logistics
GeM startup runway revolutionizes public procurement, empowering India’s innovators

According to GeM, lengthy sales cycles, complex procurement processes, and significant time spent with vague agency contacts have further discouraged…

April 25, 2024 11:18 IST
gem, government emarketplace, gem portal, public procurement, business profile last date to update
Attention GeM sellers: Update your Business Profile by April 30 to avoid account deactivation; check details here

Updating the business profile for MSME sellers is important to avoid deactivation of their seller account.

April 18, 2024 17:08 IST
msme sambandh, public procurement, gem, government emarketplace, cpse, sc st entrepreneurs, women msmes, ecommerce, cpse, government departments
Public procurement from micro, small enterprises declines in FY24 from previous year: Govt data

Despite the decline, the share of procurement made by CPSEs from MSEs in FY24 remained well above the 25 per…

April 11, 2024 17:03 IST
public procurement, msme sambandh, cpse, ministries, sc/st MSMEs, women msmes
CPSEs make 36% of their annual purchases in current FY from micro, small enterprises

The total number of MSEs benefitting from the public procurement in the current financial year was 1.90 lakh including 8,092…

March 29, 2024 17:16 IST
gem, government emarketplace, gem portal, public procurement, commerce minister, gem sellers, gem government buyers
Govt procurement from GeM hits new high in FY24 as GMV doubles from previous fiscal

In terms of order volume, GeM recorded 23.6 per cent growth in the current financial year from FY23. Total orders…

March 29, 2024 13:21 IST
gem, government emarketplace, gem portal, public procurement, gem sellers, gem government buyers, defence ministry, pk singh
GeM portal: Purchase of MSME goods by govt in current FY surpasses FY23 volume

Out of the total order value processed on GeM so far, a significant 49.6 per cent belonged to orders fulfilled…

February 20, 2024 12:57 IST
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