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Business EconomyPosted at: Sep 18 2020 10:00PM


Govt allows higher local content requirement for public procurement

New Delhi, Sep 18 (UNI) The Centre has expanded the scope for local content requirement in public procurement tenders by allowing departments and ministries to mandate higher than minimum 50 per cent and 20 per cent local content stipulated earlier for two separate categories of local suppliers.
''The Government of India has amended the Public Procurement (Preference to Make in India) Order, 2017 on 16.09.2020, enabling nodal Ministries/ Departments to notify higher minimum local content requirement for Class-I & Class-II local suppliers which was earlier fixed at 50 per cent and 20 per cent respectively,'' according to an official statement on Friday.
As per the Order issued on Thursday, entities of countries which do not allow Indian companies to participate in their Government procurement for any item, will not be allowed to participate in Government procurement in India for all items related to that nodal Ministry, except for the list of items published by the Ministry permitting their participation.
All administrative Ministries or Departments whose procurement exceeds Rs 1000 Crore per annum shall notify their procurement projections for the next 5 years on their respective website.
Specifying foreign certifications , unreasonable technical specifications, brands or models in the bid document is restrictive and discriminatory practice against local suppliers.
Foreign certification, if required, shall be stipulated only with the approval of Secretary of the Department concerned.
An upper threshold value of procurement beyond which foreign companies will enter into a joint venture with an Indian company to participate in government tenders will be notified.
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