Procurement Norms

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  Confident Of Achieving Wheat Procurement Target Of 34.2 Million Tonne: Official

  With India likely to harvest a record wheat output, the Centre said it is confident of achieving wheat procurement target of 34.2 million tonne and will soon take a call on relaxing quality norms for buying in Punjab and Haryana.

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  Centre Eases Procurement Norms Of Medical Supplies For Various Ministries

  With the world's worst outbreak of COVID-19 straining the health system in the country, the government has made sweeping changes in the way departments procure medical supplies, including allowing procurement of the same item at different rates.

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  Protests At Several Mandis Against New Procurement Norms: Farmers' Body

  The Samyukt Kisan Morcha on Friday claimed that protests were held at several mandis against the new quality specifications and procurement norms proposed by the Food Corporation of India.

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  Defence Procurement Norms Simplified In A Bid To Give Boost To "Make In India"

  The Defence Ministry has simplified procurement norms to encourage local manufacturing in defence sector and reduce the dependence on imported equipment, Defence Minister Nirmala Sitharaman said today.

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  Startups: No Relaxation In Procurement Norms For Certain Items

  Government agencies may not relax procurement norms for startups on prior experience and turnover criteria in respect of goods that have implications on public safety and health.

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  Gold Prices May Fall on RBI Easing Import Curbs: Ficci

  The RBI had earlier eased gold import norms by allowing select trading houses, in addition to already permitted banks, to procure the precious metal to boost exports.

• Government relaxes FDI in multi-brand retail norms

  The definition of small industries has been changed and now procurement of manufactured/ processed products can be sourced from Indian micro medium small enterprises (MSMEs) that have a total investment of $2 million from the earlier cap of $1 million.

• Government blinks after WalMart's reported inability to meet norms

  WalMart had earlier reportedly told the government that it can procure only about 20 per cent from small industries against the 30 per cent procurement norm.

• Walmart says can't meet norms; Congress says other 'marts' will come: top 10 facts

  Walmart, the world's largest retailer, has said it will not be able to meet a norm in India's foreign direct investment, or FDI, in multi-brand retail rules, which says that 30 per cent supplies must be procured locally. The Congress, which leads the UPA government, has said this will not derail the policy. "If Walmart goes, other 'marts' will come...

• Walmart tells government it cannot meet 30 per cent sourcing clause: report

  The world's largest retailer Walmart has expressed its inability to the government on meeting the sourcing norm in the multi-brand segment that requires 30 per cent procurement from small industries, stating it can procure only about 20 per cent.

• Vayalar writes to PM on sourcing norms for FDI in single brand retail

  Amid sharp divisions between two ministries on relaxing sourcing norms for FDI in single brand retail, Union Minister Vayalar Ravi has shot off a letter to the Prime Minister cautioning that easing of 30 per cent procurement requirements will lead to dumping of cheap imported goods in the country.

• FDI in single-brand retail: Govt rules out easing sourcing norms

  Ruling out relaxation of the mandatory sourcing norm for global retailers who want to set up stores in India, the government today companies have to procure 30 per cent of their merchandise requirement from domestic small industries.