Login With Google
Tenders cancelled to promote 'Make in India'
Why is it in the news?
- In order to promote 'Made in India' goods, government tenders worth over Rs 25,000 crore were either cancelled or re-issued.
- The proposal came after the Department for Promotion of Industry and Internal Trade (DPIIT) stepped in to change their conditions.
More in the news
- A tender worth Rs 8,000 crore was withdrawn and re-issued with modified conditions after the intervention of the DIPP.
- The project was related with setting up of a urea and ammonia plant for gasification.
- A tender for procurement of train set coaches was cancelled as the tender had certain restrictive conditions which were discriminatory against domestic manufacturers and favoured foreign players.
- The project cost was Rs 5,000 crore.
- A tender for Rs 8,135 crore was modified with revised eligibility criteria for setting up of a 3x800 MW project.
- A tender worth Rs 3,000 crore for Mumbai Metro was also modified.
- The move assumes significance as concerns have been raised by certain quarters about the restrictive and discriminatory clauses being imposed against domestic manufacturers and suppliers in tender documents for public procurement.
About 'Make in India'
- Make in India is a major new national programme of the Government of India designed to:(1) Facilitate investment.(2) Foster innovation.(3) Enhance skill development.(4) Protect intellectual property and build best in class manufacturing infrastructure in the country.
- The primary objective of this initiative is to attract investments from across the globe and strengthen India’s manufacturing sector.
- It is being led by Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India.
Source
The Hindu.