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India : Shri Kalraj Mishra reviews MSME Procurement Policy
Publish Date : 06-Feb-2016
Shri Kalraj Mishra, Union Minister for MSME reviewed the Public Procurement Policy by all the Central Government Departments and Central Public Sector Undertakings, after it was reviewed in the PMO.
It was found that the share of MSME procurement is less than 10% against a mandatory 20% and that of SC/ST entrepreneurship share is less than 0.2% against a mandatory 4%.
Shri Kalraj Mishra has directed Secretary (MSME) to identify top 50 CPSUs and get a meeting organized at Ministers level so that concerned CPSUs can be sensitized towards meeting the requirement of Public Procurement Policy of MSMEs, which has already become binding from 1st April 2015 under the MSME Development Act 2015.
