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PSUs to give details of purchase from MSMEs

Updated: May 04, 2013 12:43:27pm
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New Delhi, May 4 (KNN) The Ministry of Micro, Small and Medium Enterprises (MSME) has asked public sector units (PSUs) and other departments to provide details about their procurements from small units during 2012-13. 

"We had some constructive discussions with PSUs.  We are getting information from PSUs as to how much they have procured from Micro, Small and Medium Enterprises," MSME Secretary Madhav Lal said at the National Rubber Conference as quoted in a media report. 

"We do believe that the policy will bring cheer to both PSUs and MSEs, and the country at large," Lal said. 

Further, the Ministry has sought details of annual procurement for the current fiscal from PSUs and ministerial departments, he added.

The government had notified the Public Procurement Policy with effect from April 1, 2012. 

Earlier this month, Minister of State for MSME K H Muniyappa had said, "The government ministries/departments/PSUs have been requested to provide details of procurement made from Micro and Small Enterprises (MSEs) owned by SC/ST in 2012-13 and details of annual procurement plan for 2013-14.” 

Under the Public Procurement Policy which is in effect from April 1, 2012, every central ministry or department or public sector undertaking shall set an annual goal of procurement from micro and small enterprises for the financial year 2012-13 and onwards, with the objective of achieving an overall procurement of minimum of 20 per cent, of total annual purchases of products produced and services rendered by micro and small enterprises in a period of three years.

"The amount of such business provided during the current fiscal may be available by ministries/departments/PSUs after the end of 2013-14,” he added in a reply to Parliament earlier. (KNN)

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