Page 2 - Public Procurement Policy

Public procurement of goods, services touches Rs 6,894 cr on GeM in Apri

Public procurement of goods and services touched Rs 6,894 crore on government buying portal GeM in April alone on account of steps taken by the platform such as rapid onboarding of buyers

Public procurement from GeM portal crosses Rs 1 trillion, says CEO

Public procurement of goods and services has crossed Rs 1 trillion from government buying portal GeM since the platform was launched in August 2016

Centre tightens public procurement criteria for border countries

Registration stands annulled if there is a change in controlling ownership, which is above 10%

Govt imposes restrictions on public procurement from China, neighbours

However, it provided relaxation in case of medical supplies in light of Covid-19

Govt changes public procurement rules, more preference to local suppliers

Companies with less than 20 per cent of domestic content in their goods or services will not able to participate in most of the government tenders and they are categorised as "non-local suppliers"

Govt clocks Rs 40,000 cr in public procurement transactions through GeM

Towards this, the government has recently revised the general financial rules (GFR) and procurement manuals, and made advances in the use of technology in procurement

Public procurement: Industry waits for $650-bn opportunity

Exporters fear rise in prices may increase input costs

Govt approves procurement policy for local goods to push 'Make in India'

20% margin of purchase preference for local suppliers in procurement of Rs 50 lakh or more on cards