SME Times is powered by   
Search News
Just in:   • Indo-Nepal trade: Let's Wait for the Dust to Settle   • India-US tariff stalemate likely to be resolved in 8-10 weeks: Chief Economic Advisor  • PM Modi-Trump phone call 'moment of bonhomie', says former senior Indian official  • India ready to take relationship with EU to next level: PM Modi to Ursula von der Leyen  • India's efforts to shape sustainable future across region lauded at East Asia Summit event 
Last updated: 17 Jan, 2019  

msme-THMB-2010.jpg FICCI, MSME ministry to hold buyer-seller meets

industry-msme-middle.jpg
   Top Stories
» India's contribution to global GDP growth to reach 9 pc by 2035: Govt official
» Centre to help ITIs become AI-driven training centres: FM Sitharaman
» Sensex, Nifty make strong gains amid positive cues after US Fed rate cut
» US Fed decision paves the way for RBI to go for more rate cuts: Analysts
» Piyush Goyal to embark on 2-day UAE visit today
SME Times News Bureau | 17 Jan, 2019

Industry body FICCI and the Ministry of MSME, have decided to organise a series of Buyer-Seller Meets (BSMs) across the country in a bid to connect micro and small enterprises owned by SC/ST entrepreneurs with PSUs and private players in their procurement deals.

To begin with, these BSMs are scheduled to be held in Nagpur and Pune in Maharashtra on January 21 and January 30, 2019, respectively.

Such meets are also proposed to be held in Telangana, Tamil Nadu, Punjab, Chhattisgarh, Gujarat, Kerala, Karnataka and West Bengal.

The recent amendment in the Public Procurement Policy has made it mandatory for all Central Ministries and Departments including Central Public Sector Units to ensure 25 per cent of their overall annual procurement from MSEs including sub targets for procurement from the MSEs owned by women and SC/ST entrepreneurs.

Some of the State Governments have adopted the policy and are taking initiatives to help entrepreneurs from the marginalized community in their respective region.   

The BSMs are expected to help the entrepreneurs from the marginalized community get into the supply chain for clinching business deals.

The procurement list ranges from specific requirements of the participating buyers to the areas of common business interest such as gift items, footwear, stationery, industrial tools, furniture, hardware, cleaning products and services like housekeeping, maintenance, security and IT which can be procured by PSUs and private players from the SC/ST vendors.

The buyer-seller meets will also see the active participation of State government departments, institutions like Government e-Marketplace (GeM) and Tribal Cooperation Marketing Development Federation of India ltd (TRIFED).

Besides, FICCI's MoU partner, Centre for the Study of Caste and Capitalism and other Dalit centric associations as well as local partners have also committed themselves towards this initiative. 

 
Print the Page
Add to Favorite
 
Share this on :
 

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

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹84.00
₹82.25
UK Pound
₹104.65
₹108.10
Euro
₹92.50
₹89.35
Japanese Yen ₹56.10 ₹54.40
As on 25 Jul, 2025
  Daily Poll
Who do you think will benefit more from the India - UK FTA in the long run?
 Indian businesses & consumers.
 UK businesses & consumers.
 Both will gain equally.
 The impact will be negligible for both.
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter