New National Competition Policy Under Consideration
Formulation of a National Competition Policy is under consideration of the Government. Giving this information in written reply to a question in the Lok Sabha, Minister of Corporate Affairs, Shri Sachin Pilot, said that the Government has introduced a Public Procurement Bill, 2012 in Lok Sabha in May, 2012. The Bill seeks to regulate public… Read More
Tags: Central Government, Companies Act, Corporate Affairs Ministry, Government Procurement, LokSabha, National Competition Policy, Sachin Pilot, The Bill
Clarification of Definition of MSE Owned by SC/ST Entrepreneurs
The Government introduced Public Procurement Policy for Micro and Small Enterprises (MSEs) Order, 2012 which is notified under MSMED Act 2006. The Public Procurement Policy mandates every Central Ministries/Departments/CPSUs to set an annual goal for procurement from the MSE sector from the 1st April 2012 with objective of achieving an overall procurement of minimum 20% of… Read More
Tags: Audit and Purchasing, Contract, Economy, Government, Government Procurement, MSE, Procurement, Public sector
Current Status of Indo-EU Free Trade Agreement Talks
The Government of India is negotiating a bilateral Broad Based Trade and Investment Agreement (BTIA) with the European Union (EU) and negotiations were launched in Brussels on 28-29 June, 2007 based on the recommendations of the High Level Trade Group at the 7th India-EU Summit in October, 2006 in Helsinki. Negotiations across a number of… Read More
Tags: Brussels, European Union, Free Trade Agreement, Government, Government Procurement, India, Information Technology Act 2000, Ministry of Commerce & Industry, Technical Barriers to Trade, Trade Facilitation