• About Us
  • Contact Us
  • Our Team
  • Advertising
  • Privacy Policy
  • Terms of Service
Wednesday, September 2, 2026
Lake City Times
No Result
View All Result
  • Top News
  • Region
  • City News
  • Politics
  • Business
  • Health
  • Edit-Oped
  • Tourism
  • National
  • World
  • ePaper
  • Top News
  • Region
  • City News
  • Politics
  • Business
  • Health
  • Edit-Oped
  • Tourism
  • National
  • World
  • ePaper
No Result
View All Result
Lake City News
No Result
View All Result
Home Top News

J&K’s GeM procurement share drops to 0.4 per cent

LCT Desk by LCT Desk
August 6, 2025
in Top News
Reading Time: 1min read
A A
Share on FacebookShare on TwitterWhatsappTelegram

READ ALSO

Maintain sustained pressure on terror networks: Lt Governor

No room for double standards on terrorism: PM Modi

Srinagar, Aug 5: Jammu and Kashmir’s share in total procurement through the Government e-Marketplace (GeM) has seen a consistent decline over the last five financial years, falling to just 0.40% in 2024–25, according to data provided in the Lok Sabha by the Ministry of Commerce and Industry.
In 2020–21, J&K accounted for 2.29% of the total procurement on GeM. This figure dropped to 1.41% in 2021–22, then further to 1.06% in 2022–23 and 0.57% in 2023–24 before reaching its current low of 0.40%.
Despite the decline in procurement share, seller participation in Jammu and Kashmir remains strong. The number of new sellers and service providers from the Union Territory onboarded on GeM in 2024–25 was 4,455, while 746 new buyers joined the platform during the same period. In comparison, 6,318 new sellers joined in 2020–21, followed by 6,132 in 2021–22, 5,146 in 2022–23, and 4,852 in 2023–24, the data reads.
The number of new buyer registrations, though lower than seller registrations, showed fluctuating trends, with 3,159 new buyers in 2020–21, 4,369 in 2021–22, 2,178 in 2022–23, and 1,211 in 2023–24, it added.
Responding to the parliamentary question, Minister of State for Commerce and Industry, Jitin Prasada, said the total procurement value through GeM across India since inception has reached Rs 14.77 lakh crore.
The platform’s usage by central government entities has significantly increased over time—from 54.5% in 2020–21 to 88.8% in 2024–25—while the share of State and UT procurement has dropped.
The government has also introduced several technological upgrades to improve the platform’s efficiency and has been encouraging Micro, Small and Medium Enterprises (MSMEs) to join GeM to promote inclusive economic participation. (KNO)

Related Posts

Top News

Maintain sustained pressure on terror networks: Lt Governor

September 2, 2026
Maintain sustained pressure on terror networks: Lt Governor

Srinagar, Sep 1: Lieutenant Governor Manoj Sinha on Tuesday directed the security forces to intensify area domination and maintain sustained...

Read more
by LCT Desk
0 Comments
National

No room for double standards on terrorism: PM Modi

September 2, 2026
No room for double standards on terrorism: PM Modi

Bishkek, Sep 1: Prime Minister Narendra Modi on Tuesday called for a united approach against terrorism at the Shanghai Cooperation...

Read more
by LCT Desk
0 Comments
Top News

NC, BJP set for political face-off in Srinagar today

September 2, 2026
Exit polls: NC likely to win 3, BJP 2 seats in JK

Srinagar, Sep 1: The ruling National Conference and the opposition Bharatiya Janata Party are set for a political face-off in...

Read more
by LCT Desk
0 Comments
Politics

Opposition will try to weaken NC, won’t succeed: Javid Dar

September 2, 2026
Javid Dar launches IWMP portal to boost transparency in watershed development

Handwara, Sep 1: Minister Javid Ahmed Dar on Tuesday hit out at opposition parties, saying they have no agenda beyond...

Read more
by LCT Desk
0 Comments
Top News

Rains lash J&K parts, MeT predicts more showers across Valley

September 2, 2026
J&K braces for 3-day wet spell from today

Srinagar, Sep 1: Rainfall lashed parts of Jammu and Kashmir on Tuesday, while the Meteorological Centre here predicted intermittent rain...

Read more
by LCT Desk
0 Comments
Politics

LoP dares CM to resign, seek fresh mandate on statehood issue

September 2, 2026
NC resorting to lies to justify Speaker’s actions: Sunil Sharma

Srinagar, Sep 1: Senior Bharatiya Janata Party (BJP) leader and Leader of Opposition (LoP) Sunil Sharma on Tuesday asked Chief...

Read more
by LCT Desk
0 Comments
Next Post
Chief Secretary reviews development scenario of Bandipora district

Chief Secy reviews impact of employment generation schemes in J&K

  • About Us
  • Contact Us
  • Our Team
  • Advertising
  • Privacy Policy
  • Terms of Service

© 2021 Lake City Times - Premium theme by GITS.

No Result
View All Result
  • Top News
  • Region
  • City News
  • Politics
  • Business
  • Health
  • Edit-Oped
  • Tourism
  • National
  • World
  • ePaper

© 2021 Lake City Times - Premium theme by GITS.