<h1>GeM Platform Revolutionizes Indian Public Procurement with Over Rs. 2.7 Lakh Crore, Expands to Include Cooperatives as Buyers.</h1> The Government e-Marketplace (GeM), established in 2016 by the Government of India, has achieved a total procurement value of Rs. 2,70,384 Crore as of July 25, 2022. GeM was created to modernize public procurement by utilizing technology, addressing inefficiencies, opacity, and delays in previous manual processes. The Union Cabinet approved expanding GeM's mandate to include cooperatives as buyers. GeM focuses on transparency, inclusiveness, and efficiency, providing open access to information and supporting diverse sellers, including SMEs and women entrepreneurs. The General Financial Rules were amended to mandate procurement through GeM, enhancing public procurement efficiency.