September 27, 2023 6:43 PM

GeM to soon launch a mobile-based inclusive lending platform GEM Sahay 2.0

The Government E-Marketplace (GeM) will launch GeM Sahay 2.0 for the sellers to provide easy access to loans up to 10 lakh rupees. In a media briefing, CEO of GeM PK Singh informed today that the Government is working to make the GeM portal more seamless to bring on board sellers from various categories. According to the Commerce and Industry Ministry, the loan will be disbursed in a hassle-free manner in 10 minutes and more banks will be couraged to join the initiative. GeM Sahay 2.0 is a mobil...