Economy & Bankingv3 · 3 versions
GeM — India's Public Procurement Platform
Government e-Marketplace is the single online market through which Indian government bodies buy goods and services; run under the Ministry of Commerce and Industry, it has carried more than ₹20 lakh crore of business across over 3.78 crore orders since 2016, and its seller base of over 25 lakh now includes 11,75,001 MSMEs, 2,17,155 women entrepreneurs, 37,758 startups and 3,784 self-help groups.
Last updated 11 August 20269 min read
Latest update
Adds the seller-side headcount Parliament was given for 30 July 2026 — 11,75,001 MSMEs, 37,758 startups, 2,17,155 women entrepreneurs and 3,784 self-help groups — with the Karnataka and Bengaluru splits. Sets out the five-year procurement series: the MSME share of GeM orders sank to 36.2 percent in 2024-25 and rebounded to 47.2 percent, worth ₹2,37,235 crore, in 2025-26 even as total order value fell. Also records how GeM polices the market — machine-learning screening, the competition regulator's cartel toolkit, 365-day bans and 55,772 sellers suspended last year — and the Prime Minister's 11 August post on the minister's article.
- GeM
- Government e-Marketplace
- public procurement
- Mihir Kumar
- SWAYATT
- Womaniya
- GeM Sahay
- MSE procurement
Read the full living note — free
The complete note in both exam lenses (UPSC analytical / fact capsule), its full version history, and “what changed since you last read” — plus tonight's quiz.
Open in CA·WikiAI-assisted, human-reviewed · sourced from PIB, RBI & ministries · editorial policy
More living notes in Economy & Banking
- India's Pharmaceutical SectorAdds the 30 percent-of-MRP cap on cancer-drug trade margins and the draft curb on prescription-drug advertising by sellers; a new section explains NPPA, the DPCO and trade margins.
- SEBI Regulatory Actions 2026Opened SEBI's 2026 decision log with its exam core and the 7 October circular making a six-level, colour-coded Credit Risk-o-Meter compulsory for debt securities.
- New GDP Series (Base Year 2022-23)Adds the NSO's 9 October draft guideline for States to compile expenditure-side GSDP on the 2022-23 base; no State yet estimates private consumption.
- GST 2.0 — The Two-Slab ReformAdds the 57th GST Council's recommendations — arrest powers dropped, prosecution threshold to ₹5 crore, ₹10,000 notice floor, faster refunds — and trims the note to its exam core.
- India's Maritime & Shipping ReformsLogs the third Sagarmanthan dialogue (shipping ministry with ORF, 7 October 2026) and the India-EU Green Shipping Corridor coalition launched there; older log entries compressed.
- India's Foreign Trade - FY 2026-27Adds India's place among 15 economies backing a USTR-issued statement on structural excess capacity, and Goyal's 8 October reaffirmation of the US$ 1 trillion export goal.