(Video) Rajya Sabha TV (RSTV) Policy Watch: Public Procurement Policy & e-Auction

(Video) Rajya Sabha TV (RSTV) Policy Watch: Public Procurement Policy & E-Auction

Topic: Public Procurement Policy & e-Auction

Expert Panel:

  • Dr. Subhash Chandra Pandey, (Former Special Secretary, Ministry of Commerce & Industry)
  • Rajeev Kapur, (Managing Director, Steelbird Group)
  • Jayant Dasgupta, (Former Ambassador, WTO)

Topic Description:

The Public Procurement policy aims at incentivizing production linked through local content requirements, thereby encouraging domestic manufacturers’ participation in public procurement activities over entities merely importing to trade or assemble items. Various Ministries and Departments have been designated as nodal for notifying minimum local content for the relevant product categories. The Government has notified Public Procurement Policy for Micro and Small Enterprises as well. Under this policy, 25% of annual procurement by Central Ministries/Departments/Public Sector Enterprises has to be made from Micro & Small enterprises.

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Courtesy: RSTV