GeM Forward Auctions Revolutionize Government Asset Disposal

The Government e Marketplace (GeM) has facilitated over ₹2,200 crore in government asset disposal through its Forward Auction module from 2021 to 2025, marking a significant shift towards a transparent, digital approach. This module has conducted more than 13,000 auctions and involved over 23,000 bidders nationwide. The platform enables efficient, competitive bidding for various government assets, ranging from e-waste to real estate, thereby improving operational processes and maximizing public resource utilization.

Source: Original Link

Read more