Government e-Marketplace 2025
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Government e Marketplace (GeM), India's largest e-marketplace for public procurement, sets yet another milestone in services delivery in the FY 24-25. Over 1.3 Crore Persons Insured through GeM in FY 2024-25. It also facilitating hiring of 1 million manpower resources in FY 24-25 Government e-Marketplace : It is an online platform for public procurement in India that was launched in 2016 by the Ministry of Commerce and Industry. The primary goal is to build a transparent, inclusive, and efficient platform where buyers and sellers can engage in procurement processes fairly and competitively. In January 2022, the Insurance Services category was launched on GeM to make the procurement of insurance policies more transparent, efficient, and cost-effective. To maintain quality and trust, only service providers approved by the Insurance Regulatory and Development Authority of India (IRDAI) are allowed on the platform. This has enabled GeM to offer a dependable and credible system for accessing insurance services.