πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      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 β‚Ή82,431 crore worth of procurement from MSEs in 2023-24, benefiting 2,36,452 MSEs.

      Practice Next
      ask-question