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GeM Completes 10 Years: ₹20 Lakh Crore GMV, 1.37 Lakh Buyers, 25 Lakh Sellers

Target:UPSC GS-IIIMPSCSSC GATeachingBankingPrelims HighMains HighStatic GK Link
10 Aug 2026
~2 min
Source: Indian Express
Key Data:August 9, 20161.37 lakh buyers25 lakh sellers~₹20 lakh crore cumulative GMV₹5 lakh crore annual GMV10,644 product categories
Bodies:Ministry of Commerce and IndustryIIT Delhi
Practice MCQs from today's news ▸
What This Article Covers

1.GeM, launched on August 9, 2016, has connected 1.37 lakh government buyers with 25 lakh sellers, replacing the opaque Directorate General of Supplies and Disposals.

2.MSEs account for ~60% of orders by volume and over 45% of GMV, highlighting the platform's role in empowering small businesses and women entrepreneurs.

3.The platform has crossed annual GMV of ₹5 lakh crore in the last two financial years, with cumulative GMV reaching ~₹20 lakh crore across 10,644 product and 350 service categories.

The Big Picture
Prelims · HighMains · High

The Government e Marketplace (GeM) has completed 10 years as a transformative digital platform for public procurement, achieving a cumulative Gross Merchandise Value of ~₹20 lakh crore. A recent IIT Delhi study (Jul-Aug 2026) found it generated ₹86,571.69 crore in monetised benefits over the last three financial years, making it a critical engine for Viksit Bharat 2047 and Ease of Doing Business.

Exam Lens

Quick Exam Facts From News

Launch DateAugust 9, 2016
Government Buyers1.37 lakh
Sellers/Service Providers25 lakh
Cumulative GMV (10 years)~₹20 lakh crore
Annual GMV (last 2 FYs)₹5 lakh crore+
Product Categories10,644
Service Categories350
MSE Order Share (Volume)~60%
MSE GMV Share>45%
IIT Delhi Study Benefit (3 FYs)₹86,571.69 crore

1-Minute Revision

  • ›Launch Date: August 9, 2016
  • ›Government Buyers: 1.37 lakh
  • ›Target this Data: GeM launched on August 9, 2016; cumulative GMV ~₹20 lakh crore; IIT Delhi study benefit ₹86,571.69 crore.
  • ›Target this Nodal Body: Ministry of Commerce and Industry (GeM is under this ministry).
  • ›Target this Platform: Government e Marketplace (GeM) replaced the Directorate General of Supplies and Disposals.

Mastered this topic? Test your knowledge with a full MCQ quiz.

Practice exam-style questions, track your score, and strengthen your recall.

Q1Static LinkageEasy

Which ministry is primarily responsible for the Government e Marketplace (GeM)?

Q2Statement-basedHard

Consider the following statements regarding the Government e Marketplace (GeM):

1. GeM was launched in 2016 to replace the Directorate General of Supplies and Disposals.

2. Micro and Small Enterprises (MSEs) account for over 60% of the Gross Merchandise Value (GMV) on GeM.

3. A recent IIT Delhi study found that GeM generated a monetised benefit of ₹86,571.69 crore over the last three financial years.

Which of the statements given above is/are correct?

Q3Data-centricMedium

According to the article, what was the cumulative Gross Merchandise Value (GMV) of GeM after 10 years of operation?

Q4Application/ImpactMedium

What is the primary objective of the Government e Marketplace (GeM) as highlighted in the article?

All 15 MCQs ▸
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