Government's procurement policy to favour micro and small units
Central government ministries and PSUs would now be required to procure "at least" 20 per cent of their annual value of goods or services from micro and small enterprises (MSEs) with the government tweaking provisions of the procurement policy.
Nov 16, 2015, 23:01 PM IST
India looking to expand industrial presence in South East Asia: NSIC
NSIC would want to see collaborations between Singapore and Indian enterprises, involving training from either side, sharing of knowledge, expertise and machinery as per requirements of the two parties.
Jun 13, 2015, 12:31 PM IST
PSUs will have to procure 20% from MSEs, come April 2015:Govt
As per data available, procurement of approximately Rs 14,442 crore, Rs 12,931 crore and Rs 3,799 crore was made from MSEs by Central Ministries/ Departments / PSUs in the year 2011-12, 2012-13 and 2013-14 respectively.
Jul 15, 2014, 15:52 PM IST
