India News | PM Hails Government E-Marketplace Achieving Order Value of Rs 1 Lakh Cr in a Year

Get latest articles and stories on India at LatestLY. Prime Minister Narendra Modi on Thursday hailed the government procurement portal Government e-Marketplace achieving an order value of Rs 1 lakh crore in a single year and said the platform is especially empowering the MSMEs.

New Delhi, Mar 24 (PTI) Prime Minister Narendra Modi on Thursday hailed the government procurement portal Government e-Marketplace achieving an order value of Rs 1 lakh crore in a single year and said the platform is especially empowering the MSMEs.

Government e-Marketplace (GeM) portal was launched in August 2016 for online purchases of goods and services by all central government ministries and departments.

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"Happy to know that @GeM_India has achieved order value of Rs 1 Lakh Crore in a single year! This is a significant increase from previous years," Modi tweeted.

"The GeM platform is especially empowering MSMEs, with 57% of order value coming from MSME sector," he said.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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