Ministry of Defense becomes the largest buyer of MSME goods in 2022

• The Ministry of Defense emerged as the largest buyer through MSME sellers.
• In 2022, the Ministry of Defense envisages procurement of goods and services worth Rs 16,747 crore from the MSME sector. This was 250% more than the purchases made in 2021.
• Among the states, Uttar Pradesh procured the maximum. Uttar Pradesh procured goods and services worth Rs 9,642 crore through GeM.

Government-e-Marketplace (GeM) Platform:

1. Launch - 9 August 2016
2. Objective - To bring transparency and efficiency in the government procurement process
3. Nodal Ministry - Ministry of Commerce and Industry
4. GeM works on inclusion, transparency and efficiency
5. Who registers on GeM - Artisans, weavers, SHGs, startups, women entrepreneurs and MSMEs are registered.