https://www.taxtmi.com/news?id=27293 Public procurement through the Government e Marketplace (GeM) is the principal procurement channel for the Ministry of Defence, which has recorded total order value through GeM above one lakh crore and executed over 5.47 lakh orders; the MoD awarded a large share of transactions via GeM and applies demand aggregation to secure cost effective procurement. The portal advances inclusion by directing a majority share of orders to Micro and Small Enterprises and enables Defence PSUs to both procure and sell on GeM, extending procurement reach into remote regions. en-us Wed, 14 Feb 2024 16:07:01 +0530 Wed, 14 Feb 2024 16:07:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27293 Public procurement through the Government e Marketplace (GeM) is the principal procurement channel for the Ministry of Defence, which has recorded total order value through GeM above one lakh crore and executed over 5.47 lakh orders; the MoD awarded a large share of transactions via GeM and applies demand aggregation to secure cost effective procurement. The portal advances inclusion by directing a majority share of orders to Micro and Small Enterprises and enables Defence PSUs to both procure and sell on GeM, extending procurement reach into remote regions. News - Wed, 14 Feb 2024 16:07:01 +0530 https://www.taxtmi.com/news?id=27293