Defence Ministry’s Procurements through GeM reach all time high of over Rs 15k crore

Defence Ministry's Procurements through GeM reach all time high of over Rs 15k crore
Defence Ministry's Procurements through GeM reach all time high of over Rs 15k crore

New Delhi: Procurement orders by the Ministry of Defence through the Government e-Market or GeM portal reached an all-time high of Rs 15,047 crore in the financial year 2021-22. It is a jump of more than 250 percent over the last financial year.

The Ministry of Defence said in a statement, the GeM was started in August 2016 to revamp the old tender process and bring greater probity and transparency in government procurement through digitisation.

It said, "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 ground, the results have been astounding. The MoD is committed to contribute significantly to the Government's vision of promoting digitisation and transparency in consonance with Digital India," added the Ministry.

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