Government procurement Current Affairs, GK & News
Massive Exercise to supply pulses and food grains to 80 crore people
On May 8, 2020, Union Minister for Food and Public Distribution Shri Ram Vilas Paswan announced that NAFED (National Agricultural Cooperative Marketing Federation of India Limited) is to provide free pulses for three months to more than 19.5 crore households for three months. Highlights On one side, the GoI is undergoing the procurement process on ..
Month: Current Affairs - May, 2020
Category: India Nation & States Current Affairs
Topics: Agriculture • Food Corporation of India (FCI) • Government procurement • NAFED • Pradhan Mantri Garib Kalyan Ann Yojana • pulses • Rice • Wheat
CMIE: Unemployment rate climbs to 27.1%
On May 5, 2020, the Centre for Monitoring of Indian Economy released unemployment data. According to the data, 121.5 million are without works. Highlights The data says that 91,3 million daily wage labourers were out of their jobs due to COVID-19 crisis. Also, 18.2 million entrepreneurs are without work as there are lack of labourers. ..
Month: Current Affairs - May, 2020
Category: Reports & Indexes Current Affairs
Topics: CMIE • FCI • Food Corporation of India (FCI) • Government procurement • Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) • MNREGA • NAFED • Pradhan Mantri Garib Kalyan Ann Yojana • Unemployment
Procurement of Pulses and Oil Seeds from Farmers
The Government of India has procured oil seeds and pulses from farmers directly at Minimum Support Prices. Currently, the Price Support Scheme for the Rabi season has been launched in Andhra Pradesh, Karnataka, Rajasthan, Telangana, Uttar Pradesh, Haryana and Maharashtra. Highlights Till now the Food Corporation of India (FCI) and NAFED (National Agricultural Cooperative Marketing ..
Month: Current Affairs - April, 2020
Category: India Nation & States Current Affairs
Topics: Agriculture • Cooperatives • Doubling Farmers Income • Food Corporation of India (FCI) • Government procurement • Minimum Support Price • NAFED • oilseeds • pulses
MoD signs 880 crore contract with Israel Weapons Industries
The Defence Ministry has recently signed an 880-crore contract with Israel Weapons Industries (IWI) for procurement of 16,479 light machine guns (LMGs). According to the contract which was signed with the Israel-based arms industry company, it would provide Negev 7.62 x 51 mm light machine guns to the Indian armed forces. This type of LMG ..
Topics: Government procurement • israel • Ministry of Defence
Government to include the regional language in the medicine labels
The government procurement agencies should take necessary steps in the tendering process to include the regional language, along with English in the medicine labels by the recommendations of Health and Family Welfare ministry. The aim is to curb fake, sub-standard and expired drugs. At the initial stage, the proposal will be executed for Iron tablets ..
Topics: Drug • Government procurement
Govt Targets Rs 50,000-Crore in Fiscal Year 2020 Through Gem
India’s public procurement portal Government e-marketplace (GeM) has witnessed a multifold increase in transactions which ultimately led the Commerce Ministry to set a target of Rs 50,000 Crore in 2019-20, and hitting Rs 1 trillion worth of procurements by 2021. What is Government E-Market Place? It is an online marketplace to facilitate procurement of goods ..
Topics: Business • E-commerce • E-procurement • GeBIZ • Government procurement • Procurement • Public economics