Only 32 PSUs have met 20% MSME purchase norm: Mishra
24 Sep 2014 10:21 PM GMT
Only 32 out of 146 PSUs have complied with the mandatory 20 per cent procurement of products and services required by them from micro and small enterprises till now, the Government on Tuesday said. The Government is looking at amending public procurement policy to incorporate provisions against PSUs who fail to meet the mandatory at least 20 per cent rocurement by April 2015.
‘As far as procurement policy is concerned, it is true that several PSUs are not complying with the required procurement. Only 32 PSUs have complied with the 20 per cent mandatory procurement out of 146 PSUs,’ MSME Minister Kalraj Mishra told reporters at the 100 days press conference here.
‘According to the policy (20 per cent procurement), it will be mandatory from April 2015. We are thinking of amending the policy to incorporate provisions against PSUs who do not comply with the mandatory procurement norm after April, 2015,’ he added. All PSUs, Central ministries and departments will have to procure at least 20 per cent of products and services required by them from micro and small enterprises (MSEs) from April next year.
The public procurement policy for micro and small enterprises has become effective from 1 April, 2012. But the norm of 20 per cent purchase of products produced and services rendered by MSEs will be mandatory from 1 April 2015.
‘As far as procurement policy is concerned, it is true that several PSUs are not complying with the required procurement. Only 32 PSUs have complied with the 20 per cent mandatory procurement out of 146 PSUs,’ MSME Minister Kalraj Mishra told reporters at the 100 days press conference here.
‘According to the policy (20 per cent procurement), it will be mandatory from April 2015. We are thinking of amending the policy to incorporate provisions against PSUs who do not comply with the mandatory procurement norm after April, 2015,’ he added. All PSUs, Central ministries and departments will have to procure at least 20 per cent of products and services required by them from micro and small enterprises (MSEs) from April next year.
The public procurement policy for micro and small enterprises has become effective from 1 April, 2012. But the norm of 20 per cent purchase of products produced and services rendered by MSEs will be mandatory from 1 April 2015.
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