Public Procurement
SC-ST Hub Conclave
The MSME ministry organized a national SC-ST hub conclave in Gujarat. Key facts The Ministry of Micro, Small and Medium Enterprises (MSME) organized the event on September 28 to raise awareness about the National SC-ST Hub (NSSH) scheme and other ..
Month: Current affairs - September, 2022
Category: Economy & Banking Current Affairs - 2024 • Government Schemes Current Affairs
GoI: Public procurement Norms modified
The Government of India recently modified public procurement norms. Under the new norms maximum preference is to be given to those goods and services that have 50% or more local content. This has been done to promote “Make in India”. ..
Month: Current Affairs - June, 2020
DPIIT revises Public Procurement Order to encourage Make in India
The Department of Promotion of Industry and Internal Trade (DPIIT) recently revised Public Procurement Order in order to provide preference to Make in India initiative. Highlights According to the order, DPIIT has prescribed minimum of 60% procurement of local content ..
Month: Current Affairs - June, 2020
26 Defence Items approved by Defence Ministry to boost Make in India
On May 20, 2020, the Ministry of Defence approved procurement of 26 defence items to boost “Make in India” initiative. This was done through the amendment of Public Procurement Order 2017. Highlights The Ministry of Defence has so far notified ..
Month: Current Affairs - May, 2020
Food Corporation of India sets record: Movement of 1.93 lakh tonnes of grains in one day
The Food Corporation has made sure that there is no disruption in the supply of essential goods to the citizens since the lock down. Abiding to its determined goal of serving the citizens, the FCI has set a new record. ..
Month: Current Affairs - April, 2020
GeM signs MoU with Union Bank of India
Government e-Marketplace (GeM) signed Memorandum of Understanding (MoU) with Union Bank of India (UBI). Through this partnership, UBI will be able to offer array of services including transfer of funds through GeM Pool Accounts (GPA), advising of Performance Bank Guarantees ..