GeM’s Forward Auction Module Facilitates ₹2,200 Crore in Government Asset Sales Since 2021

Government e Marketplace (GeM) has facilitated disposal of government assets through its Forward Auction module, introducing online competitive bidding and improving transparency. The Ministry of Commerce and Industry said that the module has facilitated auctions worth more than 2,200 crore rupees in government asset disposal between year 2021 and November 2025. It said that during this period, the module conducted over 13,000 auctions, onboarded more than 23,000 registered bidders and enabled participation from over 17,000 auctioneers. A Forward Auction Module is a digital bidding process through which government departments sell assets such as scrap, e-waste, old vehicles, machinery, and leasehold properties to the highest bidder. Through GeM’s platform, departments can set reserve prices, define participation conditions, and monitor real-time bidding.