SAIL crosses ₹10,000 cr procurement mark on GeM portal

Steel Authority of India Limited, SAIL has crossed ten crore rupees in Procurement Value on Government-e-Marketplace (GeM). The Ministry of Steel said that SAIL became the first Central Public Sector Enterprise, CPSE to achieve the major milestone of procurement through the GeM since its inception.

The Ministry said that SAIL started from an amount of twenty crore seven lakh rupees in the financial year of 2018-19, Which has crossed the total value of ten crore rupees this year. 

It said, SAIL was also the largest CPSE procurer on GeM in the previous Financial Year with a value of over forty-six hundred Crore rupees.

 Introduction

The Government e-marketplace, or GeM, is a portal managed by the central government of India for the acquisition of products and services by government entities. Public procurement has long been a vital aspect of government operations. The government's goal in implementing GeM was to improve openness and efficiency in procurement contracts.


Tech news desk E-commerce sites like Amazon and Flipkart have been the best names that come to people’s minds when it comes to online shopping in India. In fact, for many years, these websites have made a name for themselves in the market due to their affordable prices. In such a situation, when people have to shop at low prices, they like to go to them, although do you know that there is also a website where you are getting reasonable goods from Amazon and Flipkart? 


Today we are going to tell you about this website too. Actually, the name of the website we are going to tell you about is Gem and it is a government best marketplace. Here many customers can buy products at cheap prices.

Location: India

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