Welcome to the May 31, 2017
bulletin of key policy decisions and high-impact news, presented by the Embassy of India, Washington DC.
KEY POLICY DECISIONS
Govt. Procurement Policy to Support Make-in-India
Striking the right balance between Make-in-India and value-for-money objectives, the Government has approved a new policy that lays down a 20 percent limit for domestic manufacturers to match the lowest bid in procurement offers issued by Government agencies.