GeM procurement crosses Rs 4 lakh crore in FY26, exceeding last year's level. Over 50 lakh orders placed. MSME share is 45%.

The Government e-Marketplace (GeM), since its inception in 2016, has surpassed Rs 4 lakh crore in procurement this fiscal, far exceeding mandates. With over 50 lakh orders from government bodies ...

Expenditure Secretary V Vualnam emphasized simplifying bid documents and improving contract management on the GeM portal for ...

A review of tender documents, corrigenda, official replies, industry representations, and Government of India advisories ...

Several departments have not yet appointed a GeM nodal officer, a prerequisite for monitoring and reporting procurement ...

FY27 budget has ensured sufficient liquidity for government procurement, with faster digital systems, simpler norms and ...

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GeM CEO Mihir Kumar said about 45 per cent of public procurement orders are placed to MSMEs, higher than the mandatory requirement of 25 per cent.

India’s gem and jewellery exports to the United States witnessed a sharp contraction during April–December 2025, declining 44 ...

As the United States market navigates a complex landscape marked by recent gains in key indices like the S&P 500 and Dow, investors are keenly observing how economic indicators and broader market ...

The Gems and Jewellery industry has welcomed the Union Budget 2026–27, praising the government for maintaining stable customs duty and GST rates while strengthening MSME support, easing compliance ...