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.

Artikel Terkait

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.
Gambar dihasilkan oleh AI

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

Dilaporkan oleh AI Gambar dihasilkan oleh 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.

Bassel Rahmy, chief executive of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced that 40 companies have applied for the agency's classification certificate for innovative startups, enabling access to a wide range of government services, incentives, and supportive legislation. Rahmy stated that this move reflects growing interest among entrepreneurs in formalizing their status to benefit from state-backed facilitation measures for micro, small, and medium enterprises (MSMEs).

Dilaporkan oleh AI

Platform saham usaha kecil dan menengah India mengalami perlambatan signifikan dalam perusahaan yang berpindah ke papan utama. Bursa memperkenalkan norma pencatatan lebih ketat dan persyaratan masa jabatan lebih panjang, yang menyaring pemain kecil. Hal ini mengakibatkan transisi sukses lebih sedikit dalam beberapa tahun terakhir.

Prime Minister Narendra Modi on Monday urged accelerating the process of linking India's education system to the real-world economy during a post-budget webinar. He emphasized the need to increase focus on subjects like AI, automation, digital economy, and design-driven manufacturing. He also highlighted strengthening sectors such as health, sports, and tourism.

Dilaporkan oleh AI

The Business Development Services (BDS) Hubs under the Central Bank of Egypt's NilePreneurs initiative have delivered more than 1.16 million non-financial and advisory services to date. These services have supported around 502,000 young people, entrepreneurs, start-ups, and micro, small, and medium-sized enterprises (MSMEs), including 210,000 women. The hubs have also facilitated access to EGP 19 billion in financing for over 14,000 projects.

Mohamed El-Shimy, Minister of the Public Enterprises Sector, announced that affiliated companies achieved exports of approximately $1bn during fiscal year 2024/2025, with sector revenues rising by around 20% year-on-year. The market capitalisation of publicly listed companies increased by 36%, surpassing set targets.

Dilaporkan oleh AI

At the World Economic Forum in Davos, global experts discussed India's robust growth rate, deepening reforms, and key challenges in a panel session. Organized with the India Today Group, participants including Gita Gopinath, Sunil Mittal, Ashwini Vaishnaw, and IKEA's CEO shared insights on India's goal to become a developed nation by 2047. They highlighted digital infrastructure, labor reforms, and obstacles like pollution.

 

 

 

Situs web ini menggunakan cookie

Kami menggunakan cookie untuk analisis guna meningkatkan situs kami. Baca kebijakan privasi kami untuk informasi lebih lanjut.
Tolak