Maximum preference to be given for goods & services that have 50% or more local content
Key highlights of the Modifications
The revised Public Procurement (Preference to Make in India), Order 2017, has introduced a concept of Class-I, II and non-local suppliers, based on which they will get preference in government purchases of goods and services
Class – I:
Class – II
Non-local suppliers
What is “Public procurement”?
pic courtesy : financialexpress.com
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