Home » News » India » Defence Ministry's Procurement Order Via E-market Portal Recorded at Rs 15,047 Crore
1-MIN READ

Defence Ministry's Procurement Order Via E-market Portal Recorded at Rs 15,047 Crore

PTI

Last Updated: April 30, 2022, 22:00 IST

New Delhi

It said the amount is a jump of more than 250 per cent compared to last year's procurement through the portal. (Image: Twitter)

It said the amount is a jump of more than 250 per cent compared to last year's procurement through the portal. (Image: Twitter)

In a short span since its inception, the defence ministry has embraced the digital drive and embarked on this path with absolute resoluteness, the ministry said

The Ministry of Defence (MoD) on Saturday said its procurement orders using the government e-Market (GeM) portal reached an all-time high of Rs 15,047 crore in 2021-22. It said the amount is a jump of more than 250 per cent compared to last year's procurement through the portal.

"Procurement orders by the MoD through Government e-Market (GeM) portal have reached an all-time high of Rs 15,047.98 crore for the financial year 2021-22," the ministry said in a statement. The GeM was started in August 2016 to revamp the old tender process and bring greater probity and transparency in government procurement through digitization.

In a short span since its inception, the defence ministry has embraced the digital drive and embarked on this path with absolute resoluteness, the ministry said. "Despite multiple challenges on the ground, the results have been astounding," the ministry noted.

"The MoD is committed to contributing significantly to the Government's vision of promoting digitization and transparency in consonance with Digital India," it said.

Read all the Latest News , Breaking News and IPL 2022 Live Updates here.

first published:April 30, 2022, 22:00 IST
last updated:April 30, 2022, 22:00 IST