Restriction on Global Tender of Upto Rs. 200 Crore

No Global tenders for Government tenders of uptoRs 200 crore

Global tenders to be disallowed upto Rs 200 crores

Restriction on global Tenders

• Indian MSMEs and other companies have often faced unfair competition from foreign companies.
• Therefore, Global tenders will be disallowed in Government procurement tenders upto Rs 200 crores
• Necessary amendments of General Financial Rules will be effected.
• This will be a step towards Self-Reliant India (आत्मनिर्भर Bharat) and support Make in India
• This will also help MSMEs to increase their business.