The portal comes under the administrative control of the commerce ministry.
The aim of the GeM is to achieve a target of Rs 1 lakh crore gross merchandise volume (GMV) on the marketplace in FY 2019-20.
Responding to a query in Lok Sabha, Goyal said that two projects for raising of train speed to 160 kilometer per hour (kmph) on existing corridors of New Delhi-Mumbai and New Delhi-Howrah are under consideration at an estimated cost of Rs 13,491.25 crore.
Speaking on trade with the UK and the US, the minister said India will sit down across the table and find a common meeting ground with both countries.
Goyal will also address India-UK Joint Economic Trade Committee (JETCO) in London, besides meeting British Secretary of State for International Trade Liam Fox.
Replying to a discussion on Demands for Grants of the railways in the Lok Sabha, Goyal reeled out figures to claim that the Modi government has performed better than the UPA dispensation as far as boosting infrastructure and safety parameters of the national transporter are concerned.
The government has taken various steps to increase the flow of credit to micro, small and medium enterprises' (MSMEs) exporters.
The disputes include measures concerning importation of certain agricultural products with the US and certain measures on imports of iron and steel products with Japan.
The lobbying effort yielded no result at the time - India implemented the new rules from February 1 - but the document underlines the level of concern at Walmart about the rules.
Goyal also said 59 FDI proposals were approved in 2018-19 and five in April this fiscal.
Goyal highlighted India’s concern on the import quota restrictions faced by Indian auto and auto component industries in Indonesia on completely built up units (CBU) and tyres
The minister also said that market access issues with China for Indian goods have been particularly problematic
The minister also said that the rail infrastructure in the country increased by mere 30 per cent in the last 65 years due to the lack of adequate investment.
Replying to a question in Lok Sabha, Railway Minister Piyush Goyal said the land acquisition for the High Speed Rail Project also known as Bullet Train Project is currently underway.
'Presently, wi-fi based Internet facility for providing reliable, cost effective and adequate internet bandwidth (~ 2Mbps per user) on moving trains is not available,' Goyal said.
Replying to a question in the Lok Sabha, Goyal said the national transporter has 28,810 route kilometers left for electrification.
The World Trade Organisation (WTO) is a 164-member multi-lateral body which frames rules for global trade. India and the US are members of this organisation.
As per the current policy, foreign investment beyond 49 per cent is permitted through approval route in defence sector.
In this episode of Reporter's Take, Moneycontrol's Priyanka Sahay tells Sakshi Batra about the meet between Commerce and Industry Minister Piyush Goyal with e-commerce companies.
Goyal held a discussion with e-commerce companies to discuss ways to bring about a convergence of interests of e-commerce platforms and small retailers. Ministers of State (MoS) Hardeep Singh Puri and Som Parkash were also present.
He said the government will focus on these sectors irrespective of their scale, adding that it is the small sectors that require more support.
Responding to a question in Rajya Sabha, Goyal said that there are 21 Railway Recruitment Boards (RRBs) across the country for catering to the recruitment requirements of various categories of Group 'C' posts of zonal railways.
In a written reply in Rajya Sabha, Minister of Railways Piyush Goyal said the study was conducted with the cooperation of the German government.
The US has rolled back incentives under its Generalised System of Preferences (GSP) programme from June 5.