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08/11/2018 12:11pm

Tenders worth over Rs 11,000 crore cancelled under Procurement (Preference to Make in India), Order 2017

image Tenders worth over Rs 11,000 crore cancelled under Procurement (Preference to Make in India), Order 2017

New Delhi, Nov 8 (KNN) For effective implementation of Public Procurement (Preference to Make in India) Order, 2017, Department of Industrial Policy and Promotion (DIPP) cancelled tenders worth over Rs 11,000 crore.

The Government issued Public Procurement (Preference to Make in India), Order 2017 as part of  the policy of the Government of India to encourage ‘Make in India’ and promote domestic manufacturing and production of goods and services in India with a view to enhancing income and employment.

The policy covers procurement by all central ministries/ departments, government companies and autonomous bodies under Government of India; goods, services and works including turnkey works.

The States are also requested to implement order in their procurement.

The policy gives preference to local manufacturers and suppliers which includes only local suppliers/manufacturers eligible for tender up-to Rs 50 lakh. It also provides 20 per cent preference for procurement of over Rs 50 lakh.

Foreign companies manufacturing in India are also eligible for this.

Following a path of zero tolerance to discrimination, according to the policy, discriminatory or restrictive clauses against local manufacturers / suppliers not allowed, all agencies need to certify tender compliance before uploading, vigilance officers will exercise oversight and eligibility conditions including turnover have to be reasonable.

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