Group 1 - The Government e-Marketplace (GeM) has become a significant platform for small businesses in India, with over 1.125 million micro and small enterprises securing government orders worth ₹7.44 trillion [1] - Government departments and entities have raised over ₹220 billion through asset disposal on the GeM platform over the last four years, including scrap, e-waste, old vehicles, and machinery [2][7] - The Forward Auction module of GeM has facilitated more than ₹220 billion in auctions, conducted over 13,000 auctions, onboarded over 23,000 registered bidders, and enabled participation from more than 17,000 auctioneers between December 2021 and November 2025 [2][3][7] Group 2 - The forward auction process has evolved into a nationwide digital mechanism for government asset disposal, moving beyond the pilot stage [3] - The auction process allows government departments to list items, where registered bidders place competing bids, and the highest offer is declared successful [4] - Examples of successful auctions include the State Bank of India auctioning 100 EWS flats in Lucknow for ₹345.3 million and the sale of unusable articles by the National Zoological Park and screened gypsum worth ₹33.5 million by FCI Aravali Gypsum and Minerals India [5][7]

Core Insights - The Government E-Marketplace (GeM) has facilitated auctions worth over Rs 2,200 crore from December 2021 to November 2025, indicating a significant increase in government asset disposal through digital means [1][6]. - The Forward Auction module has conducted more than 13,000 auctions, onboarding over 23,000 registered bidders and enabling participation from over 17,000 auctioneers, showcasing its widespread adoption [1][6]. - Forward auctions have transitioned from a pilot initiative to a nationwide digital mechanism for government asset disposal, reflecting the effectiveness of this approach [6]. Auction Details - A forward auction is a digital bidding process where government departments sell various assets, including scrap, e-waste, old vehicles, machinery, and leasehold properties, to the highest bidder [2][6]. - An example of successful auctions includes the State Bank of India auctioning 100 Economic Weaker Sections flats in Lucknow, which generated Rs 34.53 crore through the GeM platform [6]. - Other notable auctions include the sale of unusable and obsolete articles by the National Zoological Park and screened gypsum worth Rs 3.35 crore by FCI Aravali Gypsum and Minerals India [6].