Digital Governance: GeM Records ₹5.03 Lakh Crore in FY 2025-26 Procurement
GeM Crosses ₹5.03 Lakh Crore: Government e-Marketplace has recorded transactions worth ₹5.03 lakh crore in FY 2025-26, marking a major milestone in India’s digital public procurement architecture. Economic Times reported that GeM’s cumulative Gross Merchandise Value has reached ₹18.4 lakh crore, including crossing the ₹5 lakh crore annual threshold in 2025-26.
What the milestone shows
The annual number is important because it reflects scale, not just platform activity. Economic Times reported that GeM handled ₹5.03 lakh crore in transactions in 2025-26, compared with ₹5.43 lakh crore in the previous fiscal. It also reported that coal-sector participation dropped, which was cited as one reason growth slowed this year.
That means the milestone is real even though annual growth was not as strong as the year before. In digital-governance terms, crossing ₹5 lakh crore still indicates that GeM has become deeply embedded in government procurement practice. This is an inference, but it is strongly supported by the transaction scale reported.
New platform features show continuing evolution
Economic Times reported that GeM has now added features such as rate contracts, global tender enquiry, multi-currency bidding and international seller participation in some contexts. Those additions matter because they suggest the platform is no longer only expanding in size, but also in functional sophistication.
That is especially significant for a public procurement marketplace. Once a platform reaches massive volume, its next challenge is efficiency, competitiveness and wider usability. The reported feature upgrades show GeM is trying to move in that direction.
Small businesses remain central to the story
Economic Times reported that more than 11 lakh micro and small enterprises are registered on the platform and that they received over 51 lakh orders worth ₹2.36 lakh crore during 2025-26. It also reported that more than 2.1 lakh women-led MSEs are registered and received orders exceeding ₹28,000 crore.
These numbers matter because GeM is not only a digitization tool for state purchasing. It is also a market-access tool for businesses that might otherwise struggle to enter government supply chains. This is an inference, but it is strongly supported by the MSE and women-led enterprise figures reported.
Why this is a digital-governance milestone
The bigger meaning of the GeM milestone lies in what it says about public systems. A platform that can handle procurement at this scale while widening participation and adding smarter features shows how state capacity can be improved through digital architecture. It is not just about buying faster. It is about buying more transparently and at far greater scale. This is an inference grounded in the scale, cumulative GMV and new functionality described in current reporting.
Systems serve best when they reduce friction and favoritism
Digital governance matters most when it simplifies life, improves fairness and creates wider access. In that sense, tools like GeM are valuable when they reduce opacity and make public systems work better for ordinary institutions and smaller enterprises. That principle also aligns with the broader ethical view that administration should be more just, transparent and service-oriented.
Call to Action
The next thing worth watching is whether GeM can keep raising functional quality while sustaining scale. Transaction size is one milestone, but platform credibility in the long run will depend on ease of use, competition quality, payment efficiency and inclusion of smaller suppliers.
FAQs: GeM Crosses ₹5.03 Lakh Crore in FY 2025-26 Procurement, Setting New Annual Milestone.
1. What annual procurement value did GeM facilitate in FY 2025-26?
₹5.03 lakh crore.
2. What is GeM’s cumulative GMV now?
₹18.4 lakh crore.
3. Was this higher than the previous fiscal?
No. Economic Times reported that FY 2024-25 was ₹5.43 lakh crore.
4. Why did growth slow?
A reduced contribution from the coal ministry was cited as a major reason.
5. What new features were added to GeM?
Global tender enquiry, multi-currency bidding and support for international sellers in certain contexts.
6. How are small businesses doing on GeM?
More than 11 lakh MSEs are registered and received over 51 lakh orders worth ₹2.36 lakh crore in 2025-26.
Discussion (0)