Railways all set to introduce clause in procurement process to promote local suppliers

NEW DELHI: The Railways is set to introduce a clause for promoting local content in its procurement process so that it gets more bids from local vendors/suppliers to give a … Read More

Finance Ministry to levy 1% late payment interest on government e-marketplace

Aimed at improving the discipline and timeliness of payments to vendors, especially micro, small and medium enterprises (MSMEs), the government decided to levy a 1% interest per month on late … Read More