Question
Which organization is responsible for managing the e-NAM
platform? Please read passage and the answer the following questions ( Q no 15 to 18) based on the passage. The procurement of goods and services by the government is a vital aspect of economic development, particularly for small business owners. By engaging with small businesses in procurement processes, the government can foster entrepreneurship, stimulate economic growth, and promote inclusive development. The importance of government procurement for small business owners can be highlighted through several key dimensions, including economic empowerment, job creation, innovation, and community development. Government procurement provides small business owners with crucial economic opportunities. By setting aside a percentage of contracts specifically for small businesses, governments can empower these enterprises to compete on a more level playing field with larger corporations. This not only helps to enhance the financial stability of small businesses but also contributes to the overall economic resilience of local communities. When small businesses secure government contracts, they gain access to steady revenue streams that can support their growth and sustainability. Small businesses are significant job creators in the economy. When they receive government contracts, they often need to expand their operations, which can lead to the creation of new jobs. By supporting small business procurement, the government indirectly contributes to reducing unemployment and promoting workforce development. The jobs created in small businesses often provide local employment opportunities, thus enhancing the economic health of the community and improving the standard of living for residents.Solution
The e-NAM platform is managed by the Small Farmers' Agribusiness Consortium (SFAC), which operates under the Ministry of Agriculture and Farmers' Welfare.
The Prime Minister's National Relief Fund (PMNRF) was established to provide relief in times of natural calamities and assist with medical expenses for ...
Difference of average revenue and average total cost equals
Which of the following statements is correct for the monopolist?
The PM-PRANAM scheme was introduced to promote the use of biofertilizers and organic fertilizers, thereby reducing the reliance on chemical fertilizers....
Which of the following statements is correct regarding the "3i Strategy" as outlined in the World Development Report 2024?
1. The "3i" stands for...
Special Economic Zones are
In terms of economics, demand would be inelastic when
As per Economic Survey 2021-22, the Marginal Standing Facility rate remained unchanged at______?
Mission Vatsalya is an umbrella scheme aimed at providing child protection services across India. It focuses on various aspects of child welfare, includ...
In terms of economics, real flow comprises
