Government e-Marketplace achieves a Gross Merchandise Value (GMV) of Rs. 1.5 Lakh CroresGeM surpasses rupee 3 lakh crore GMV since inception, with the overwhelming support of its stakeholders Total number of transactions on GeM crosses 1.3 crore GeM launches focused campaign to boost procurement via States GeM successfully integrates with 1.5 lakh+ India Post offices and 5.2+ lakh Village Level Entrepreneurs [VLEs] via the CSCs for last-mile outreach and service delivery

COMMERCIAL HORTICULTURE AND BIO INPUTS

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Government e-Marketplace achieves a Gross Merchandise Value (GMV) of Rs. 1.5 Lakh CroresGeM surpasses

A	True
B	True
C	Either A or B
D	None of the above

Explanation:

Detailed explanation-1: -The initiative was launched on August 9, 2016 by the Ministry of Commerce and Industry with the objective of creating an inclusive, efficient, and transparent platform for the buyers and sellers to carry out procurement activities in a fair and competitive manner.

Detailed explanation-2: -As on February 1st 2023, the Government e-Marketplace (GeM) has achieved a staggering ₹ 1.5 lakh crore of Gross Merchandise Value (GMV) in FY23 alone. Going by the current run rate, GeM is suitably placed to exceed its annual target of ₹ 1.75 lakh crore.

Detailed explanation-3: -Prashant Kumar Singh, Director & CEO, GeM.

Detailed explanation-4: -Ministry of Commerce and Industry Achieve cashless, contactless and paperless transaction, in line with Digital India objectives.

There is 1 question to complete.

HORTICULTURE SCIENCE

COMMERCIAL HORTICULTURE AND BIO INPUTS