The Government e Marketplace (GeM) has crossed a record ₹18.4 lakh crore Gross Merchandise Value (GMV) since its launch, including ₹5 lakh crore GMV in 2025–26. This development is important for aspirants preparing through IAS coaching in Hyderabad, UPSC online coaching, and other civil services preparation platforms.
About GeM
• Launched in 2016 by the Ministry of Commerce & Industry.
• Serves as India’s national public procurement portal.
• Used by Central & State Ministries, Departments, PSUs, and affiliated bodies for procurement of goods and services.
• Enhances transparency, efficiency, and inclusivity in government procurement.
Such governance and economy topics are frequently covered in UPSC coaching in Hyderabad and Hyderabad IAS coaching programs.
Features
• Fully digital, cashless, and system-driven platform.
• Provides end-to-end solutions for buyers and sellers.
• Equipped with AI-powered tools and a multilingual Learning Management System (LMS).
• Offers voice-enabled navigation and region-specific training modules to support sellers, including those in remote areas.
These features are often analysed in IAS coaching and civils coaching in Hyderabad for GS3 preparation.
Objectives
• Ensure speed, transparency, and efficiency in procurement.
• Provide multiple modes of procurement:
• Direct purchase
• e-Bidding
• Reverse e-Auction
• Direct reverse auction
• Mandate procurement by ministries/departments through GeM.
• Enable efficient price discovery, economies of scale, and dissemination of best practices.
Such policy frameworks are discussed in detail in UPSC online coaching and structured GS answer writing programs.
Conclusion
GeM has transformed India’s public procurement system into a transparent and technology-driven platform. Its record GMV achievement reflects growing trust and adoption, making it a cornerstone of digital governance and economic efficiency. For aspirants preparing through IAS coaching in Hyderabad, UPSC coaching in Hyderabad, and civils coaching in Hyderabad, this topic holds high relevance for GS3 and interview preparation.
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