GeM registers 857 startups, 1234 MSMEs in the ongoing National Mission

A total of 20 states and and union territories have joined the ‘National Mission on GeM’ launched by Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu, on September 5. The mission aims at creating awareness about GeM, train buyers and sellers, get them registered on GeM and increase the procurement through the platform.

This drive has been taken up for the promotion of inclusiveness of all sections of categories of sellers and service providers, highlighting and communicating the value addition in joining GeM, achieving cashless, contactless and paperless transactions, increasing overall efficiency and maximising ease of availability of goods and services.

During this awareness period, a buyer registration drive has been launched for onboarding and increasing procurement by central, state and local agencies on GeM and a vendor registration drive for onboarding additional categories and populating the available ones on GeM with more vendors. Central ministries, states and their agencies, including local offices, have been tasked with sharing a list of key vendors for registering on GeM and its reach has moved from a central and state headquarter level to sub-district and local body level.

Seven per cent more sellers have listed their products in September 2018, total of 857 startups have been registered on GeM, 1234 MSME sellers have been registered on GeM and 834 new organisations onboarded. MSME sellers have been awarded 40,000 orders worth Rs 551 crore, transaction volumes of FY 17-18 (3.78 lakh) have been achieved in less than six months in FY 18-19 (4.31 lakh), 121 new sub categories have been added on the GeM platform, 100 new sub categories got populated giving a wider choice to buyers and 92 new subcategories saw transactions.

The ongoing National Mission has led to an average saving of 25 per cent across categories.

GeMNational MissionStartupSuresh Prabhu
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