The Union Cabinet today approved the public ta procurement policy of the government under which eac

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The Union Cabinet today approved the public ta procurement policy of the government under which each ministry, department and company at least 20 per cent of its annual needs of micro and small enterprises (MSEs) would buy. It includes both goods and services. The policy of Micro, Small and Medium Enterprises Department (MSMED) ta Act, 2006 under section ta 11 shall be notified.
According to the new policy of the government at the beginning of the financial year the bodies of the annual purchase of MSE sector will aim to set a period of three years from the MSE sector to purchase goods and services of at least 20 percent of the average annual . In the first three years, ta 20 per cent of government bodies has been relaxed in goal. But after three years will be required to purchase 20 per cent minimum MSE. This condition is not met by the review bodies will have to answer before the committee.
The new public procurement policy, it was also decided that the MSE of the minimum 20 per cent of the purchase of 20 per cent or 1/5 th part or in other words the total annual purchase of 4 per cent for SC / ST entrepreneurs run by the units will take . Participation in the tender process or meet the tender conditions fail if the MSE 4 per cent this can be accomplished by other MSEs. Micro and small units provides for concessions in the tender price.
Given the special status of the import of weapons defense purchases that are excluded from the Ministry of Defence's procurement target of 20 per cent. Also weapon systems and missile defense tools such as the scope of this policy will be out. The government has decided that all central ta ministries, departments and public sector undertakings (PSUs) set goals in terms of MSE sector will report the purchase and subsequent achievements in its annual reports will contain.
Please tell the time reserved 358 items can be purchased from micro and small enterprises. The policy provision is maintained. But this list is constantly reviewed and MSE sector monitoring and evaluation of public procurement policy for the micro, small and medium enterprise (MSME) Ministry ta has constituted a committee headed by the Secretary. Also in the MSE sector procurement Ministry to resolve complaints of entrepreneurs 'Grievance Cell' will install.
In fact, the government has admitted that khadi, village and coir industry MSE sector, including the country's GDP (gross domestic product) ta to contribute significantly to the manufacturing and export. They have an important role in job creation. To promote the region's reserve products, free tender in payment of earnest money given to a life as a discount. But in practice these are not implemented. Even in regular shifts in public procurement law is being implemented different policy.
Economy, new-Juni, ta budget Tagged ta with: annual report, cabinet, department, Grievance Cell, MSE Sector, MSME Ministry, PSU, Public Procurement Policy, Schedule caste, target, tribe, scheduled caste, Ministry of MSME, Cabinet, tribe, Ministry targets, department, cell, PSE, public procurement policy, annual report, Micro and Small Enterprises
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