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Public Procurement Sipped with Made in India

It is often seen that many countries to promote their own companies restrict access to foreign companies in their public procurement processes.

Now to counter such actions taken against Indian entities, the Central government has made changes to the public procurement policy through its Public Procurement (Preference to Make in India), order 2017.

As per the order,
• Any nodal ministry if satisfied that Indian companies related to the Ministry are barred from supplying items in a foreign country, the Ministry can proceed in barring companies from that country in bidding for public procurement of an item or items of the Ministry.
• Minimum percentage of local content to be procured by a nodal Ministry is 50%
• Higher or lower percentage for anitem or items can be prescribed by the nodal Ministry.

The policy will boost domestic manufacturing and services; creation of employment; enhancement of incomes; increase in flow of capital and upgradation of technology.

The policy will be implemented by a five-member committee chaired by Secretary of Department of Industrial Policy and Promotion (DIPP). It will look into any implementation hurdles, cartelization, increase in government expenditure on publicly procured goods or services and suggest remedial measures.

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