GeM closes FY24 at Rs 4 lakh crore, doubles business in a year
Notably, the GMV is double to what was clocked at the end of previous Fiscal Year.
Notably, the GMV is double to what was clocked at the end of previous Fiscal Year.
The United Arab Emirates (UAE) is the best place in the world to start a new business, according to the latest annual Global Entrepreneurship Monitor (GEM) survey.
Also, there has been a notable increase in the daily average GMV transaction value during this period, rising from Rs 504 crore in FY 22-23 to Rs 914 crore as of February 12, 2024.
The minister expressed the hope that overall procurement of goods and services from the government portal GeM would cross Rs 3 lakh crore in FY 2022-23 as it has already crossed Rs 2 lakh crore in 2022-23.
India has crossed total exports of $750 billion for the financial year 2022-23 and the final figure was expected to cross $765 billion, Union Commerce and Industry Minister.
Power Grid Corporation of India Limited (POWERGRID), a Maharatna PSU under Ministry of Power, Government of India has been awarded…
The Ministry of Cooperation has been encouraging Multi State Cooperative Societies and Cooperative Societies registered under State Cooperative Acts to join the GeM platform for the benefit of their members and hopes that more and more cooperatives Societies will get benefit of this by joining GeM platform.
Union Cabinet's decision to broaden the scope of the Government e-Marketplace (GeM) is expected to benefit approximately 8.54 lakh registered cooperatives and their 27 crore members since the GeM portal will provide items at reasonable prices.
NTPC Ltd, India’s largest integrated energy company, is supporting the upliftment of girls from the villages around NTPC projects. It is planning to conduct its 'Girl Empowerment Mission' (GEM) initiative in about 35 project locations during this year.
India's gem and jewellery exports during December 2021 grew 29.49 per cent to $3,040.92 million (Rs 22,914.6 crore) as compared to $2,348.44 million
