Government Schemes and Policy · 23 January 2026

GeM–WTC Mumbai MoU to Boost MSME Inclusion in Public Procurement

Exam-focused facts from the 23 January 2026 current affairs briefing.

Key facts

  • GeM and MVIRDC World Trade Centre Mumbai signed an MoU to foster domestic and international collaboration in public procurement.
  • The MoU aims to enhance GeM’s global positioning, promote knowledge exchange, and drive inclusive participation for MSMEs, startups, women entrepreneurs, and underrepresented suppliers.
  • Joint initiatives include global procurement dialogues, capacity-building programs, supplier outreach, and research on AI in procurement, sustainability, and green practices.
  • A Joint Working Group will oversee implementation, ensuring alignment with Government of India policies on public procurement, data security, and inclusivity.