The Government’s e-Marketplace (GeM) forward auction module has facilitated the realization of over Rs 2,200 crore by disposing of e-waste and other scraps of various ministries and departments through the competitive bidding process between December 2021 and November 2025. The data was provided in a statement issued by the Commerce and Industry Ministry. GeM’s forward auction module conducted over 13,000 auctions, onboarded more than 23,000 registered bidders, and enabled participation from over 17,000 auctioneers during this four-year period.
Through its Forward Auction module, the government departments sell scrap, e-waste, old vehicles, machinery and leasehold properties, including buildings and land, to the highest bidder.
One such transaction was the auction of 100 economically weaker section flats in Aliganj, Lucknow, conducted by State Bank of India, which realised Rs 34.53 crore through the GeM platform.
Recent auctions include the sale of unusable and obsolete articles by the National Zoological Park in New Delhi, screened gypsum worth Rs 3.35 crore by FCI Aravali Gypsum and Minerals India, the disposal of 261 condemned vehicles in Jammu division, the auction of salvage items by the Border Roads Organisation, the five-year lease of a dormitory in Gulmarg, and the auction of boating activity rights at a lake in Spurtar.
Between April and November of the current financial year, GeM facilitated transactions worth Rs 3.01 lakh crore, with order volumes rising 12.17% year-on-year to 4,44,396.
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