Piyush Goyal lauds GeM crossing Gross Merchandise Value of ₹2 lakh crore in 2022–23

MUMBAI:Inthefinancialyear20222023, procurement of goods and services from government portal Government e Marketplace (GeM) has crossed the Rs 2 lakh crore mark, which is a remarkable achievement, said Union Commerce and Industry Minister Piyush Goyal, in Mumbai. Commerce and Industry Minister highlighted the role of GeM as a digital tool in the public and national interest. GeMisasymbolofthespeedwithwhich PM Shri Narendra Modi has taken the country forward through modern technology, said the Minister. He was speaking at a press conference on the landmark achievement of GeM. Mediapersons from various parts of the country also joined the press conferenceviavideoconferencing.

Union Commerce and Industry Minister Shri Piyush Goyal congratulated GeM and its strong ecosystem of buyers and sellers, whose unwavering support has been pivotal towardsachievingthishistoricfeat.The Minister added that the Prime Minister desires that the Government departments run at the highest levels of integrity and transparency, with participation of people from the remotest corners of the country and enables women entrepreneuers, startups and the MSME sectortoparticipateinafair and equitable manner in governmentprocurements.

“I am confident that GeM will grow faster, the future is very bright.Iwouldliketoappealtomoreand more vendors to join GeM so that they too get a chance to participate in the government procurement process”, healsosaid.

The Minister also mentioned that India has crossed total exports of 750 billion dollars for the financial year 2022-23 and the final figure is expected tocross765billiondollars.

The G20 Trade and Investment Working Group Meeting was held in Mumbai recently, also saw positive discussions, he informed. The Union Minister expressed that India has got the Presidency of the G-20 under the leadership of Prime Minister Narendra Modi, and it is a great opportunity to showcase the achievements of the rapidly developing New India to the world.

Speaking about the Foreign Trade Policy 2023 released in New Delhi, he said that this has been welcomed by industryandtrade.Asenseofstabilityis reflected in the foreign trade policy, he added.