Question
Public procurement of goods and services by central
government ministries and departments has crossed _______ via the business-to-government portal Government e-Marketplace.Solution
Public procurement of goods and services by central government ministries and departments has crossed Rs 4 lakh crore via the business-to-government portal Government e-Marketplace. While the portal took 1,771 days to reach Rs 1 lakh crore in gross merchandise value (GMV) since its launch in August 2016, the number of days taken to add another Rs 1 lakh crore GMV and cumulatively reach Rs 2 lakh crore was reduced by over 5.5x to 316 days.
Accelerator and multiplier stand for Â
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