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Local value addition for Public procurement : Issue and recommendations

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Local value addition for Public procurement : Issue and recommendations
Jayakumar
Mon, 08/02/2021 – 10:25

Public Procurement (Preference to Make in India), Order 2017— Revision, issued by DPIIT, dated 16.09.2020 mandates that global tenders shall not be floated for any public procurement with an estimated value less than 200 crores. For such non-global tenders, only Class-I local suppliers (local value addition >50%) and Class-II local suppliers (local value addition – 20% to 50%) are eligible.