MSME membership on GeM portal tops 1.12 million

The Government e-Marketplace (GeM) portal has boosted MSME participation in government procurement, with memberships surpassing 1.12 million. These members have secured orders worth ₹7.44 lakh crore. This milestone strengthens MSMEs' role in public procurement processes.

The Government e-Marketplace (GeM) portal, a digital platform for public procurement, has elevated the MSME sector to new heights. Latest figures show that MSME memberships on the portal have exceeded 1.12 million. These members have collectively secured orders amounting to ₹7.44 lakh crore, highlighting their growing involvement in government buying.

This progress has particularly benefited women entrepreneurs and small businesses, as GeM enhances transparency and accessibility. The portal's forward auction module has streamlined competitive bidding processes. India's government initiative plays a key role in integrating MSMEs into the mainstream economy, fostering job creation and economic growth.

Experts note that further awareness and training are needed to enable rural MSMEs to participate fully. This achievement marks a success for digital government efforts in 2025.

Mga Kaugnay na Artikulo

Rural Indian laborers working and protesting the VB-G RAM G Act in fields, with signs on state cost-sharing and Karnataka's challenge, symbolizing rural employment concerns.
Larawang ginawa ng AI

New VB-G RAM G Act shifts rural employment burden to states

Iniulat ng AI Larawang ginawa ng AI

India's Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission (Gramin) Act, 2025, replaces the Mahatma Gandhi National Rural Employment Guarantee Act, introducing budget caps and requiring states to share 40% of costs. This change promises 125 days of work but raises concerns over funding shortfalls and uneven implementation. Karnataka is preparing a legal and political challenge, arguing it undermines rural social justice.

Ethiopia's Ministry of Trade and Regional Integration has approved moving export business contract registration and exporter licensing fully online starting next Monday. This step aims to make services more accessible and efficient for businesses.

Iniulat ng AI

The Federal Ministry of Water Resources and Sanitation has introduced the 1GOV Enterprise Content Management System to shift from paper-based to digital operations. This initiative supports the government's digital governance goals under President Bola Ahmed Tinubu's Renewed Hope Agenda. Officials highlight improvements in efficiency and accountability.

India and the United States have agreed to reduce US tariffs on Indian exports from 50% to 18% under a bilateral trade deal, boosting India's competitiveness. Commerce Minister Piyush Goyal assured Parliament that agriculture and dairy sectors are fully protected. The agreement removes punitive tariffs linked to India's Russian oil purchases.

Iniulat ng AI

Egypt is aiming to increase the private sector's share of total investment to over 70% by 2030, Planning Minister Rania Al-Mashat announced, following a 5.3% GDP growth in the first quarter of fiscal year 2025/26. This growth surpassed government expectations, fueled by industrial recovery and robust performance in tourism and ICT. Al-Mashat emphasized structural reforms to boost private investment and ensure economic stability.

Ethiopia's Minister of Transport and Logistics, Dr. Alemu Seme, stated that training for young graduates in the logistics sector is continuing. This program aims to improve service delivery and support economic growth. Backed by the World Bank, it particularly empowers young women through skill development.

Iniulat ng AI

The Halal Product Assurance Organizing Body (BPJPH) has opened a quota of 1.35 million Free Halal Certificates (SEHATI) for 2026 for micro and small business operators (UMK) across Indonesia. This facilitation is provided through a self-declare scheme with mentoring to enhance the competitiveness of their halal products. BPJPH Head Ahmad Haikal Hasan stated that this initiative is a government affirmation to strengthen the UMK sector, which is vital to the national economy.

 

 

 

Gumagamit ng cookies ang website na ito

Gumagamit kami ng cookies para sa analytics upang mapabuti ang aming site. Basahin ang aming patakaran sa privacy para sa higit pang impormasyon.
Tanggihan