Thursday, March 23, 2023
  • English
  • Marathi
No Result
View All Result
Daily PRABHAT
  • Home
  • Latest News
  • National
  • International
  • Entertainment
  • Politics
  • Sports
  • Business
  • More
    • Health
    • Lifestyle
    • Technology
    • Science
Daily PRABHAT
No Result
View All Result
  • Home
  • Latest News
  • National
  • International
  • Entertainment
  • Politics
  • Sports
  • Business
  • More
Home Business

Defence procurement through GeM rises to Rs 15,000 crore in 2021-22

by
11 months ago
in Business
A A
Defence procurement through GeM rises to Rs 15,000 crore in 2021-22
Share on FacebookShare on Twitter

New Delhi [India], April 30 (ANI): Procurement orders by the Ministry of Defence through the Government e-Market (GeM) portal reached an all-time high of Rs 15,047.98 crore in the financial year ended March 2022, according to official data released on Saturday.

During the financial year 2021-22, the Ministry of Defence (MoD) procurement through the GeM is 250 per cent higher when compared with the previous year.

The GeM was started in August 2016 to revamp the old tender process and bring greater probity and transparency in government procurement through digitisation.

In a short span since its inception, the MoD has embraced the digital drive and embarked on this path with absolute resoluteness. Despite multiple challenges on the ground, the results have been astounding, the Ministry of Defence said in a statement.

“The MoD is committed to contribute significantly to the Government’s vision of promoting digitisation and transparency in consonance with Digital India,” the statement said. (ANI)

ShareTweetSendShareSend

Latest News

UP: Fire breaks out at Noida company office

3-storey building collapses in Delhi’s Rohini

MP: Two male cheetahs released in free-ranging area in Kuno National Park

Two IndiGo flyers booked for being drunk, misbehaving with crew

Odisha waives entertainment tax on Kapil Sharma-starrer ‘Zwigato’

It is just natural aggression when I am batting: Mitchell Marsh after Australia’s win over India

Shreyas Iyer likely to miss first half of IPL 2023

Indian stocks decline on US central bank’s continued interest rate hike

US nominee for World Bank President Ajay Banga heads to India for final stop on global tour

Sri Lankan Navy apprehends 12 Tamil Nadu fishermen

New Delhi [India], April 30 (ANI): Procurement orders by the Ministry of Defence through the Government e-Market (GeM) portal reached an all-time high of Rs 15,047.98 crore in the financial year ended March 2022, according to official data released on Saturday.

During the financial year 2021-22, the Ministry of Defence (MoD) procurement through the GeM is 250 per cent higher when compared with the previous year.

The GeM was started in August 2016 to revamp the old tender process and bring greater probity and transparency in government procurement through digitisation.

In a short span since its inception, the MoD has embraced the digital drive and embarked on this path with absolute resoluteness. Despite multiple challenges on the ground, the results have been astounding, the Ministry of Defence said in a statement.

"The MoD is committed to contribute significantly to the Government's vision of promoting digitisation and transparency in consonance with Digital India," the statement said. (ANI)

No Result
View All Result
  • Home
  • Latest News
  • National
  • International
  • Entertainment
  • Politics
  • Sports
  • Business
  • More
    • Health
    • Lifestyle
    • Technology
    • Science