Systems engineering Current Affairs, GK & News

Government launches Logo and Brochure of Logix India

Union Minister of Commerce & Industry and Civil Aviation Suresh Prabhu launched logo and brochure of Logix India 2019 in New Delhi. Logix India 2019 is scheduled to take place in New Delhi from 31stJanuary to 2nd February 2019. It is being organized by Federation of Indian Export Organisations (FIEO). Logix India 2019 It aims ..

Month: Current Affairs - November, 2018

Topics: Business • Economy of India • India • Logistics • Logistics sector • Logix India 2019 • Lok Sabha • Multi-Modal Logistics Parks in India • National • Parliament of India • Suresh Prabhu • Systems engineering

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 the Public Procurement from MSEs by Central Public Sector Enterprises. Note: Procurement Policy launched in 2012 mandates that 20% of the total annual purchases of the Central ..

Topics: Business • Economy • Government procurement • Procurement • Public sector undertakings in India • Small and medium-sized enterprises • Systems engineering

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 of the portal is to monitor the implementation of the Public Procurement from MSEs by Central Public Sector Enterprises (CPSEs). The procurement policy mandates the Central government ..

Topics: Business • E-procurement • Economy • Government procurement • Procurement • Public sector undertakings in India • Systems engineering

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 frame as part of the Defence Procurement Procedure. · No cap on penalty for inability to implement offset obligations during the period exceeding the main procurement contract, ..

Month: Current Affairs - August, 2012

Topics: Business • Economy • Military acquisition • Offset agreement • Procurement • Supply chain management • Systems engineering