MSME Secretary Reviews Public Procurement Implementation | SupportBiz
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MSME Secretary Reviews Public Procurement Implementation

 
Tags: MSMEs
MSME secretary Arun Kumar Panda on Tuesday reviewed the implementation of Public Procurement Policy by various PSUs in National SC ST Hub Conclave, organized in New Delhi.

The conclave was chaired by Arun Kumar Panda, and other senior officials of the ministry were present on the occasion. Chairman or representatives from about 50 PSUs from 20 Ministries also participated in the conclave. The interaction aims to bring together leading CPSEs from different sectors and initiate discussion to understand the gaps and their challenges in realizing the mandate of Public Procurement Policy.

The interaction is envisioned to put forth a strategy that delivers sustained and measurable impact on the entire MSME ecosystem. With participation from over 50 CPSEs from 20 Ministries, the conclave also aims to develop an understanding of procurement requirements of CPSEs and facilitating them in vendor development programme by providing support in mobilizing SC/ST entrepreneurs.

Ministry of MSME, through National SC-ST Hub, is continuously thriving to achieve its objectives, and in order to accomplish desired goals has taken up multiple initiatives.
On the event, a brief presentation by Joint Secretary, MSME, on the achievements and challenges faced by CPSEs in procuring goods and services from SC ST entrepreneurs was given.

The conclave brought various insights from CPSEs to understand the gaps in realizing the mandate of Public Procurement Policy and put forth innovative strategies for holistic development of MSEs owned by SC/ST Entrepreneurs. The Government of India mandated minimum of 20% procurement Micro & Small Enterprises by Central Ministries /Departments/PSUs from April 1, 2015.