Categories: Business

Railways to introduce clause in procurement process to promote local suppliers

Photo: INDIA TV

indian railway

new Delhi. The Railways is preparing to include a provision to promote locally manufactured goods in its procurement process, so that the government's mission is to get more bids from local vendors and suppliers to promote self-reliant India. Railways informed about this. The statement said that the Ministry of Railways has sought support from the Department of Industry and Internal Trade Promotion (DPIIT) to make suitable policy amendments if required. "The review meeting emphasized on increasing participation of local vendors in the procurement process for steps to promote Make in India products in the procurement process," the statement said. According to the statement, Railway Minister Piyush Goyal reviewed the steps to promote Make in India products in the procurement process of Indian Railways as well as the Government of India. During the meeting, Goyal urged for measures to instill confidence in the industry regarding the corruption-free and transparent procurement environment of Indian Railways. Reviewing the steps to promote Make in India products in the procurement process, emphasis was placed on increasing the participation of local vendors.

"Provision of local material in procurement should be such that we can get more bids from local vendors and suppliers. This will also promote mission self-sufficient India," the statement said. According to the statement, "It is felt that there is a need to provide incentives to vendors who can better supply locally manufactured material. For this, a Frequently Asked Questions Quiz (FAQ) and a helpline It was suggested to make the number so that the vendors can get clarity on various issues related to the purchase process. " Detailed presentation was made by Railway Board Member (Materials Management) about the steps taken to promote Make in India and procurement through Government e-marketplace (Gem). Goyal emphasized the need to purchase goods and services worth about Rs 70 thousand crore on the government e-marketplace (Gem) platform to open markets for remote locations and MSMEs in particular. During the meeting, it was decided that Railways would work more towards having a user friendly 'single step vendor web based interface' for all its activities.

This post was published on July 26, 2020 11:52 am

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