Global tenders to be disallowed upto Rs 200 crores
Indian MSMEs and other companies have often faced unfair competition from foreign companies.
•Therefore, Global tenders will be disallowed in Government procurement tenders upto Rs200 crores
•Necessary amendments of General Financial Rules will be effected.
•This will be a step towards Self-Reliant India and support Make in India
•This will also help MSMEs to increase their business.
