New Delhi, Dec. 22 -- The State-run Government e-Marketplace (GeM) portal has become a major support systems for domestic micro, small and medium enterprises (MSMEs) with their membership on the platform crossing over 1.12 million, securing orders worth Rs.7.44 lakh crore as of November 30, about 44.8% of total transactions of the portal, the commerce and industry ministry said.

The cumulative transactions of MSMEs far exceeded the mandated annual procurement target of 25%, which reflects an expanding role of smaller enterprises in public procurement, it said in a statement on Sunday.

Similarly, GeM provides opportunities to women entrepreneurs, businesses run by underprivileged sections of society such as scheduled caste and scheduled ...