Gross Merchandise Value (GMV) of the Government e-Marketplace (GeM) during the financial year FY24 was ₹4 trillion. What percentage of the total order value on GeM during FY24 was contributed by Micro and Small Enterprise (MSE) sellers?

### Concept & Fact The Government e-Marketplace (GeM) heavily encourages participation from MSMEs to ensure inclusive economic growth and decentralized government procurement. ### Step-by-Step Solution * GeM achieved a massive milestone by crossing ₹4 lakh crore (₹4 trillion) in Gross Merchandise Value in FY24. * A significant portion of this procurement was sourced directly from small businesses. * Data published by the government indicates that Micro and Small Enterprises (MSEs) contributed approximately 49.37% of the total order value. ### Exam Strategy & Shortcut Remember that the government policy mandates robust procurement from MSMEs, making their contribution roughly half (~50%) of the total GeM volume. 49.37% is the closest exact figure to this half-way mark. ### Common Pitfall Underestimating the participation of small enterprises in government tenders and choosing lower percentages like 25% or 35%. ### Final Answer Therefore, the correct answer is **49.37%**.