Archive · 22 Dec 2025

GeM Facilitates Rs 2,200 Crore Asset Disposal

GeM Facilitates Rs 2,200 Crore Asset Disposal

The Government e-Marketplace (GeM) in India has helped sell old government things like buildings, vehicles, and machines for Rs 2,200 crore in the last four years.

They do this through auctions where the highest bidder wins.

Recently, they sold flats in Lucknow and other items like old cars and zoo stuff.

GeM also helps small businesses by letting them sell to the government.

Over 11 lakh small businesses are registered, and they have sold things worth Rs 7.44 lakh crore.

More than 2 lakh of these businesses are run by women, and they have sold things worth Rs 78,066 crore.

Sources