2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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2 lakh crore
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3 lakh crore
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5 lakh crore
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8 lakh crore
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Detailed explanation-1: -As on 31st March 2023, GeM has recorded a staggering ₹ 2 lakh crore of Gross Merchandise Value (GMV) in FY 2022-23. Cumulatively, GeM has surpassed the ₹ 3.9 lakh crore GMV since inception, with the overwhelming support of its stakeholders. The total number of transactions on GeM has also crossed 1.47 crore.
Detailed explanation-2: -The total procurement through the portal since its inception stood at Rs 3.9 lakh crore with an estimated 10% or over Rs 35, 000 crore of savings to the government.
Detailed explanation-3: -Hon’ble Prime Minister, based on recommendations of the Group of Secretaries, decided to set up a dedicated e market for different goods & services procured by Government Organisations / Departments / PSUs.
Detailed explanation-4: -NEW DELHI: The procurement via Government eMarketplace (GeM), the Amazon-like platform created by the Centre for government purchases, has seen a massive ramp-up with turnover this year topping Rs 1 lakh crore, the highest during any financial year.