SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 13 Sep, 2017  

Arun.Kumar.MSME.9.Thmb.jpg MSME secretary reviews implementation of procurement policy

Arun.Kumar.MSME.9.jpg
MSME Secretary Arun Kumar Panda addressing at the inauguration of the National SC-ST Hub Conference on National Public Procurement Policy Implementation, in New Delhi on September 12, 2017.
   Top Stories
» 49% Indian startups now from tier 2, 3 cities: Jitendra Singh
» 'India ranks 3rd in global startup ecosystem & number of unicorns'
» Tripura exported over 9K tonnes of pineapples in 2 years
» CPI inflation eases to 6.71% in July, IIP falls to 12.3%
» Rupee depreciates 12 paise to close at 79.64 against US dollar
SME Times News Bureau | 13 Sep, 2017
MSME secretary Arun Kumar Panda on Tuesday reviewed the implementation of Public Procurement Policy by various PSUs in National SC ST Hub Conclave, organized in New Delhi.

The conclave was chaired by Arun Kumar Panda, and other senior officials of the ministry were present on the occasion. Chairman or representatives from about 50 PSUs from 20 Ministries also participated in the conclave.

The interaction aims to bring together leading CPSEs from different sectors and initiate discussion to understand the gaps and their challenges in realizing the mandate of Public Procurement Policy.

The interaction is envisioned to put forth a strategy that delivers sustained and measurable impact on the entire MSME ecosystem.

With participation from over 50 CPSEs from 20 Ministries, the conclave also aims to develop an understanding of procurement requirements of CPSEs and facilitating them in vendor development programme by providing support in mobilizing SC/ST entrepreneurs.

Ministry of MSME, through National SC-ST Hub, is continuously thriving to achieve its objectives, and in order to accomplish desired goals has taken up multiple initiatives.

On the event, a brief presentation by Joint Secretary, MSME, on the achievements and challenges faced by CPSEs in procuring goods and services from SC ST entrepreneurs was given.

The conclave brought various insights from CPSEs to understand the gaps in realizing the mandate of Public Procurement Policy and put forth innovative strategies for holistic development of MSEs owned by SC/ST Entrepreneurs.

The Government of India mandated minimum of 20% procurement Micro & Small Enterprises by Central Ministries /Departments/PSUs from April 1, 2015.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

Delayed payment by PSUs
Desingurajan | Wed Sep 13 16:17:09 2017
Happy to note that Govt of India supports MSMEs. Ground reality is delay in release of payments by PSUs.inefficient officers reading in between lines of Agreements and delaying the scheme to bring to beneficial use of the organisation from which they are getting their bread,and also making MSMEs and their employees to get in to trouble. our company is facing such issue from VISL/SAIL Bhadravathi. we don't know the way to collect our payment.The project period after 5 extensions couldn't be completed.


 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
PM Modi's recent US visit to redefine India-US bilateral relations
 Yes
 No
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter