Modi lauds GeM for achieving order value of Rs 1 lakh Cr in a year

24-03-2022 Thu 11:03 | National | IANS

New Delhi, March 24: Prime Minister Narendra Modi on Thursday appreciated the 'Government e Marketplace' (GeM) for achieving annual procurement of Rs one lakh crore in financial year 2021-22. The Prime Minister also said that the GeM platform was especially empowering MSMEs, with 57 per cent of order value coming from the MSME sector.

In a tweet, he said, "Happy to know that @GeM_India has achieved order value of Rs 1 Lakh Crore in a single year! This is a significant increase from previous years. The GeM platform is especially empowering MSMEs, with 57% of order value coming from MSME sector."

Minister of Commerce and Industry Piyush Goyal also tweeted, "Today, GeM has clocked order value of INR 1 Lakh crore in a single year in FY 2021-22. Congratulations to all stakeholders especially the sellers in MSME sector, women entrepreneurs, startups, weavers and artisans in continuing to contribute to the vision of an AtmaNirbharBharat."

(The content of this article is sourced from a news agency and has not been edited by the ap7am team.)