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Govt may hike local content requirement

The government is planning to tweak its procurement policy to give a fillip to domestic manufacturing. The industry department has floated a proposal to raise the minimum local content requirement for public procurement for Class-I and -II suppliers from 50 per cent currently to 70 per cent, and 20 per cent as of now to 50 per cent, respectively. ....

Ajay Dua , Department For Promotion Of Industry , Ministry Of Commerce , Business Standard , Internal Trade , Public Procurement Order , Make In India ,

Govt Considers Amending Procurement Policy To Prioritise Local Manufacturing

Govt Considers Amending Procurement Policy To Prioritise Local Manufacturing
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Ajay Dua , Department For Promotion Of Industry , New Delhi , Internal Trade , Public Procurement Order ,

Union Budget schemes: Budget 2024: Freebies or welfare schemes, what can the Modi government opt for?

Ahead of the Union Budget 2024, we discuss the upcoming interim Budget in India and the debate surrounding welfare schemes and freebies. Prime Minister Narendra Modi opposes schemes from opposition-ruled state governments that offer cash or incentives, calling them revdis . The Indian government is likely to extend social security to domestic workers and increase funds transferred under the PM Kisan scheme. The lack of a clear definition adds fuel to the debate. ....

Andhra Pradesh , Ajay Dua , Nirmala Sitharaman , Lok Sabha , Narendra Modi , Teresa John , Deputy Head Of Research Economist , Commission Nk Singh , Bharatiya Janata Party , Election Commission , Union Budget , Supreme Court , Minister Narendra Modi , Deputy Head , Nirmal Bang Institutional Equities , Directive Principles , Indian Constitution , Model Code , Old Pension Scheme , Finance Commission , Gross State Domestic Product , Chief Secretaries , General Elections , Finance Minister Nirmala Sitharaman , Union Budget Schemes , Budget 2024 ,