Topic: Procurement

Public Procurement Order, 2017 amended

The Government of India has recently amended the public procurement order 2017. The amendment has been made to curtail Chinese investment. According to the amendment the entities of...

September 19, 2020

Direct Procurement of Apple from Farmers in J and K

The government is planning to procure nearly 60 per cent of the estimated annual apple production in Jammu and Kashmir directly from the farmers. In the coming days,...

September 11, 2019

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...

April 18, 2019

SBI Caps appointed as transaction adviser to Ministry of Defence

For the first time, the Defence Ministry has appointed a transaction adviser and a legal adviser for procurement projects under the Strategic Partnership (SP) model. SBI Caps [Capital...

September 27, 2018

Msme Sambandh

MSME Sambandh is a Public Procurement portal for Micro Small and Medium Enterprises (MSME) launched by government. The objective of the portal is to monitor the implementation of...

April 7, 2018

New Delhi hosts 5th edition of South Asia Region Public Procurement Conference

The 5th edition of the South Asia Region Public Procurement Conference (SARPPC-2018) was inaugurated by Arun Jaitley, the Union Minister of Finance and Corporate Affairs, in New Delhi...

February 7, 2018

Giriraj Singh launches a public procurement portal ‘MSME Sambandh’

Giriraj Singh, the Union Minister of State (Independent Charge) for MSME, has launched a Public Procurement Portal ‘MSME Sambandh’ in New Delhi on December 8, 2017. The purpose...

December 11, 2017

20 % penalty for foreign military vendors not meeting offset obligations

The Ministry of Defence announced a penalty of 20 % to be imposed on foreign military vendors who are ubable to fulfill offsets obligation within the prescribed time...

August 12, 2012

Gujarat Health Department proposes to grant autonomy to CMSO

Gujarat is gearing up for another leap in the sector of public health. The Gujarat Health and Family welfare department has put forward a proposal to the state...

July 18, 2012

Coca Cola to invest 5 billion dollars in India by 2020

Coca-Cola Company announced that it would invest $5 billion in the country between 2012 and 2020. The company aims to double its business visualizing vast growth opportunities in...

June 30, 2012