Question
How much procurement from MSEs is mandated under the
Public Procurement Policy?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.
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Which of the following is not a subsidiary/associate company of SIDBI? Â
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The credit risk free instruments issued by RBI on behalf of government of India in lieu of government’s market bearing programme are known as?
According to GFCI 38, which of the following statements is correct?
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