As of March 2024, what was the Gross Merchandise Value (GMV) achieved by the Government e-Marketplace (GeM) during the financial year 2023-24 (FY24), reflecting a significant surge in public procurement?

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**Solution:**

1. The Government e-Marketplace (GeM) is a platform launched by the Government of India to facilitate procurement of goods and services by various government departments.

2. As per the latest data available as of March 2024, GeM achieved a Gross Merchandise Value (GMV) of ₹4.5 Lakh Crore during the financial year 2023-24 (FY24).

3. This figure reflects a significant surge in public procurement through the platform, indicating increased adoption and usage by government entities.

**Answer:** ₹4.5 Lakh Crore

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