📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    How much procurement from MSEs is mandated under the

    Public Procurement Policy?
    A 20% Correct Answer Incorrect Answer
    B 30% Correct Answer Incorrect Answer
    C 25% Correct Answer Incorrect Answer
    D 15% Correct Answer Incorrect Answer
    E 35% Correct Answer Incorrect Answer

    Solution

    The Public Procurement Policy for MSEs mandates that 25% of the annual procurement by Central Ministries, Departments, and CPSEs must be sourced from MSEs. Within this 25%, 4% is reserved for MSEs owned by Scheduled Castes/Scheduled Tribes and 3% for women-owned MSEs. This policy fosters growth and opportunities for small enterprises, as evidenced by ₹82,431 crore worth of procurement from MSEs in 2023-24, benefiting 2,36,452 MSEs.

    Practice Next
    More Capital Market Questions

    Relevant for Exams:

    ask-question