Question
What was the value of goods and services procured from
MSEs by CPSEs in 2023-24?Solution
In the fiscal year 2023-24, Central Public Sector Enterprises (CPSEs) procured goods and services worth ₹82,431 crore from Micro and Small Enterprises (MSEs). This accounted for 33.30% of their total procurement, exceeding the mandated 25% under the Public Procurement Policy. Such initiatives ensure that MSEs gain access to significant business opportunities, supporting their growth and sustainability.
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