Latest News | Coal India Maintains Top Position Among CPSEs in GeM Procurement: Govt

New Delhi, Feb 14 (PTI) The government on Wednesday said Coal India Ltd (CIL) has maintained the top position among all Central Public Sector Enterprises (CPSEs) in Government e-Marketplace (GeM) procurement.

GeM is an online platform for public procurement in the country.

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As on February 14, 2024, the procurement through GeM has soared to Rs 63,890 crore, which is 300 per cent of the annual target of Rs 21,325 crore, the coal ministry said in a statement.

"The ministry of coal has achieved a remarkable milestone in Government e-Marketplace (GeM) procurement, surpassing its target for the fiscal year 2023-24," it said.

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"The significant increase in GeM procurement not only highlights the ministry's dedication but also underscores the robust collaboration and contributions from coal PSUs.

"Their proactive involvement has been instrumental in driving GeM procurement success story, further solidifying their position as key stakeholders in India's coal sector," the ministry said.

(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)