Vendor development programme to be held in Kolkata on Sept 28 to increase procurement from MSMEs

Kolkata, Sep 20 (KNN) A state-level vendor development programme cum buyers sellers meet is being organized in Kolkata on September 28.

The programme is being organized by industry body FOSMI in association with MSME – Development Institute, Kolkata.

The Public Procurement Policy for Micro and Small Enterprises (MSEs) mandates that 20% of procurement of annual requirement of goods and services by all Central Ministries / Public Sector Undertakings will be from the micro and small enterprises.

The policy is already in force with effect from April 1, 2015 and is mandatory. It is expected that the policy will help promote MSEs in Government purchases and encouraging linkages between MSEs and large enterprises, said the organizers.

It is expected that Buyers from Eastern Railways, Metro Railway and Bengal Chemical & Pharmaceuticals Ltd. will participate and explain their purchase policy and vendor Registration System. An interaction session will be held with the small scale units after the presentation of the large scale units / buyers, the organizers added. (KNN Bureau)