MoD procurement through GeM reaches all-time high of over Rs 15,000Crs

Apr 30:Procurement orders by the Ministry of Defence (MoD) through the Government e-Market (GeM) portal have reached an all-time high of Rs 15,047.98 crore for Financial Year 2021-22. It is a jump of more than 250 percent over the last financial year. The GeM was started in August 2016 to revamp the old tender process and bring greater probity and transparency in government procurement through digitization. In a short span since its inception, the MoD has embraced the digital drive and embarked on this path with absolute resoluteness. Despite multiple challenges on the ground, the results have been astounding.

The MoD is committed to contributing significantly to the Government’s vision of promoting digitization and transparency in consonance with Digital India.


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