New Delhi: The Government's e-marketplace platform GeM is leveraging artificial intelligence-based tools, advanced analytics and digital monitoring systems to enhance efficiency, transparency and accountability in public procurement, a senior government official said on Tuesday.

GeM Chief Executive Officer (CEO) Mihir Kumar also said that the platform has enabled savings of about 8 per cent for the exchequer by making public procurement more efficient and transparent.

Follow The PSUWatch Channel on WhatsApp

"The platform is leveraging artificial intelligence-based tools, advanced analytics, digital monitoring systems and transparent auction mechanisms to improve efficiency, accountability and user experience across procurement processes," he told reporters in New Delhi.

He added that that the platform is using AI-ML (artificial intelligence - machine learning ) tools and it is helping in promoting more transparency at the price front.

Follow PSU Watch on LinkedIN

The platform facilitated transactions worth Rs 5.03 lakh crore in 2025-26, down 7.4 per cent from the previous fiscal.

The portal was launched on August 9, 2016, for online purchases of goods and services by all the central government ministries and departments.

Beyond procurement, GeM has also supported public service delivery requirements, particularly in the health sector, he said adding the platform has facilitated procurement of over 324 crore vaccine doses and 199 crore syringes.

(PSU Watch is India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy. 👉 Click to join our channel now: PSUWatch WhatsApp Channel. Prefer LinkedIn? Follow PSU Watch on LinkedIN. Click to stay connected on Twitter here and stay updated.)