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Date: 10th August 2026 Category: Press Release Jurisdiction: India, Central Government

Commerce and Industry Minister Shri Piyush Goyal awards top buyers - 10th August 2026 - Ministry of Commerce and Industry - Gazette Notification PDF

Issued by Ministry of Commerce and Industry

Read or download the official PDF of this gazette notification issued by the Ministry of Commerce and Industry on 10th August 2026. Classified under Press Release.

Executive Summary & Key Takeaways

Executive Summary On 10 August 2026, the Ministry of Commerce and Industry celebrated the 10th Foundation Day of the Government e Marketplace (GeM). The event highlighted GeM’s evolution into a unified public procurement platform and outlined a strategic roadmap for the next decade focusing on AI integration, last-mile access, and sustainability. Key announcements included the launch of a nationwide helpdesk short code "14550" and a commemorative "My Stamp."

Key Points / Main Content

Strategic Priorities for the Next Decade

  • AI Integration: Implementation of Artificial Intelligence for price intelligence, price sanity, and marketplace integrity.
  • Last-Mile Access: Strengthening GeM Suvidha Kendras to expand registration, training, and grievance redressal across districts.
  • Ecosystem Integration: Merging States, public enterprises, panchayats, and cooperatives into a seamless national procurement system.
  • Credit and Sustainability: Scaling "GeM Sahay" and TReDS linkages to improve credit access and mainstreaming sustainable procurement practices.
  • Outreach: Engaging universities to bring young innovators and new buyers onto the platform.

Platform Performance and Achievements

  • Cumulative Growth: GeM has facilitated over ₹20 lakh crore in procurement through 3.78 crore orders since its launch in 2016.
  • User Base: The platform hosts over 25 lakh sellers and 1.37 lakh buyer organisations.
  • Inclusive Growth: Micro and Small Enterprises (MSEs) account for 45.6% of cumulative Gross Merchandise Value (GMV).
  • Social Impact: More than 2.24 lakh women-led MSEs have fulfilled orders worth over ₹1 lakh crore, and 42,242 startups have secured orders exceeding ₹65,633 crore.

New Service Enhancements

  • Helpdesk Services: Introduction of "14550," a dedicated nationwide five-digit short code to simplify communication and support for all stakeholders.
  • Commemorative Launch: A customized ‘My Stamp’ was released to symbolise GeM’s commitment to digital governance and the "Viksit Bharat" vision.
  • Platform Upgrade: A call for a new, user-friendly, and AI-enabled platform to enhance cost-effectiveness and competitiveness.

Impact Analysis

Government Buyers (Central/State Ministries, Panchayats, and Cooperatives) Impact Buyers will gain access to a smarter, data-driven procurement experience with enhanced price intelligence and a more transparent, seamless ecosystem. Action Required Organisations should prepare to integrate their procurement processes with the new AI-enabled platform and utilize the integrated national ecosystem for all purchases.

Sellers (MSEs, Startups, and Women-led Enterprises) Impact Sellers benefit from increased "Ease of Doing Business," better access to credit through GeM Sahay/TReDS, and expanded registration support via Suvidha Kendras. Action Required Sellers should leverage Suvidha Kendras for cataloguing and training, and utilize the new helpdesk short code (14550) for support.

Universities and Young Innovators Impact They are identified as a new demographic to be mainstreamed into the public procurement ecosystem, providing a marketplace for fresh innovations. Action Required Educational institutions should engage with GeM’s outreach programs to facilitate the entry of young entrepreneurs onto the platform.

General Stakeholders Impact Improved transparency and traceability in public spending ensure greater value for public money. Action Required Stakeholders should use the new five-digit short code "14550" to identify official communications and access helpdesk infrastructure.

Key Entities Referenced

Government e Marketplace (GeM): A unified digital public procurement platform launched in 2016 to facilitate transparent and efficient procurement for government buyers and sellers. GeM Sahay: A credit linkage initiative designed to provide seamless, collateral-free financing to sellers on the GeM platform. TReDS (Trade Receivables Discounting System): An institutional mechanism for facilitating the financing of trade receivables of MSMEs from government departments and other buyers. GeM Suvidha Kendras: Service centers established to strengthen last-mile access by providing registration assistance, training, and grievance redressal across districts.
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Ministry of Commerce & Industry Commerce and Industry Minister Shri Piyush Goyal awards top buyers and sellers on GEM platform at the 10th Anniversary celebrations of GEM Shri Goyal Lauds GeM Platform for Making Public Procurement Efficient, Inclusive Transparent and Competitive GeM’s Next Decade to Focus on Last-Mile Access, AI, Integration, Credit, Sustainability and University Outreach: Shri Goyal GeM Launches Customised ‘My Stamp’ to Mark 10th Foundation Day GeM Introduces Nationwide Short Code “14550” for Helpdesk Services प्रव तथ: 10 AUG 2026 9:49PM by PIB Delhi Union Minister of Commerce and Industry Shri Piyush Goyal called for a new, user-friendly and AI- enabled platform to make public procurement more efficient, cost-effective, transparent and competitive. Addressing the 10th Foundation Day celebration of Government e Marketplace (GeM) at Bharat Mandapam, New Delhi, Shri Goyal said the new platform would help buyers and sellers make more intelligent use of the procurement process and the latest technologies. Outlining five priorities for the decade ahead, Shri Goyal emphasised strengthening last-mile access through GeM’s Suvidha Kendras by expanding registration, cataloguing, training and grievance redressal across districts; deeper use of Artificial Intelligence for price intelligence, price sanity and marketplace integrity; integration of States, public enterprises, panchayats and cooperatives into a seamless national procurement ecosystem; greater focus on credit and sustainability through scaling GeM Sahay and TReDS linkages and mainstreaming sustainable procurement; and university outreach to bring young innovators and new buyers onto the platform. The occasion was also graced by Secretary, Ministry of Electronics and Information Technology, Shri S. Krishnan, and Secretary, Department of Commerce, Shri Rajesh Agrawal, along with senior government officials, buyers, sellers, entrepreneurs and other stakeholders.The celebrations brought together government buyers, sellers, entrepreneurs, policymakers and other stakeholders who have been part of GeM’s journey since its inception in 2016. The occasion reflected on the platform’s growth as well as the contribution of enterprises and individuals whose participation has given scale and meaning to this transformation. Launched on 9 August 2016 under the Ministry of Commerce and Industry, inspired by the vision of Prime Minister Shri Narendra Modi for technology-enabled, transparent and efficient governance, GeM has evolved from a digital marketplace into a unified public procurement platform connecting government buyers and enterprises across the country. GeM has a community of more than 25 lakh sellers and over 1.37 lakh buyer organisations. The platform has facilitated cumulative procurement of over ₹20 lakh crore through more than 3.78 crore orders. It now has 12.28 lakh Micro and Small Enterprises (MSEs), which have fulfilled orders worth more than ₹9 lakh crore, accounting for 45.6 per cent of cumulative GMV. More than 2.24 lakh women-led MSEs have fulfilled over 50 lakh orders valued at more than ₹1 lakh crore, while 42,242 startups have secured orders worth more than ₹65,633 crore. Technology has remained central to GeM’s evolution. Digital processes have strengthened transparency and traceability, while integration with government digital systems has made procurement and related transactions more seamless. Welcoming the gathering, Chief Executive Officer, GeM, Shri Mihir Kumar, said, “We are proud of how far we have come. Yet what truly defines GeM is not only the scale we have achieved, but the spirit with which we continue to improve—listening, refining and remaining responsive to the needs of those who use the platform.” The Foundation Day programme showcased GeM’s evolution through the screening of the GeM 10-year journey film, capturing its transformation and growing impact across the country. A customised My Stamp was also launched to commemorate the milestone. The stamp recognises GeM’s contribution to digital governance, Ease of Doing Business, promotion of Indian enterprises and inclusive economic growth, while symbolising its commitment to building a transparent, efficient and future-ready public procurement ecosystem aligned with the vision of Viksit Bharat. GeM also launched a dedicated nationwide five-digit short code “14550” for its Helpdesk. The new number provides a simple and recognisable communication identity for GeM and is virtually mapped to the existing Helpdesk infrastructure to ensure continuity of services. It will make it easier for buyers, sellers and other stakeholders to access support and identify official GeM communications. The Foundation Day celebrations also recognised and felicitated exemplary buyers from Central Ministries and Departments, State Government Departments and sellers for their contribution to strengthening and advancing India’s public procurement ecosystem. As GeM enters its second decade, the focus is shifting from expanding the platform to multiplying its impact. The next phase will focus on deeper technology adoption, wider participation, greater Ease of Doing Business, stronger procurement intelligence, faster processes and continued efforts to deliver greater value for public money. For Indian enterprises, the objective is to make government procurement an even more accessible and predictable market, while for buyers, the focus is to provide a smarter, more efficient and increasingly data-driven procurement experience. As India advances towards the vision of Viksit Bharat, GeM aspires to further transform public procurement in India and position the country’s digital public procurement model as a trusted global benchmark.*** Abhishek Dayal/ Abhijith Narayanan/Anushka Pandey (रलीज़ आईडी: 2297421) आगंतुक पटल : 1531 इस वज्ञ को इन भाषाओ ंम पढ़: Urdu , ही , Bengali

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