Government e-Marketplace (GeM), India’s largest e-marketplace for public procurement, has facilitated insurance of more than 1 lakh 30 thousand crore individuals covering Health, Life and Personal Accident Insurance policies in the Financial Year 2024-25. In a statement, the Ministry of Commerce and Industry said that GeM has also hired 10 lakh manpower resources in the same financial year.
Speaking about the achievement, GeM CEO Ajay Bhadoo said that the marketplace remains committed to continuously enhancing its platform to provide seamless, secure and cost-effective procurement solutions. He added that this milestone reflects the growing confidence of government organisations in leveraging GeM for their insurance needs, reaffirming its role as a transformative force in public procurement.
