Tenders value Rs 40okay cr cancelled or modified because of discriminatory, restrictive circumstances

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NEW DELHI:
Tenders
value
Rs 40,000 crore was
cancelled or modified
due
to
discriminatory and
restrictive
conditions with an intention
to promote ‘Make in India‘ in authorities procurement, in accordance
to the commerce and business ministry.

Releasing its achievements for 2020 on Friday, the ministry additionally mentioned that distinctive merchandise with export potential have been recognized for 500 districts.

Technical Rules (TRs) on focus merchandise with import worth of about USD 47 billion was formulated
to guarantee low high quality and dangerous merchandise don’t enter the market, it mentioned including customs responsibility was elevated on 173 objects and imports of 44 objects are both prohibited or restricted.


Tenders
value
Rs 40,000 crore
cancelled/modified
due
to
discriminatory and
restrictive
circumstances,” it added.

For startups, it mentioned 80 per cent rebate granted
to 4,905 patent functions and 50 per cent rebate was granted
to 12,264 trademark functions on submitting price.





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