Home India Ministry of Steel Extension of the term of DMISP Policies...
Date: 03-Dec-2024 Category: Extra Ordinary State: Union Government Country: India

Extension of the term of DMISP Policies

Issued by Ministry of Steel · Not Applicable

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Executive Summary & Key Takeaways

What it means

  • This gazette notification extends the policy that gives preference to domestically manufactured iron and steel products in government procurement.
  • The extension is for a period of 3 months.

Key Changes

  • The policy, initially published on 29th May 2019 under notification number 3(2)/2018-IDD [G.S.R. 385(E)], has been extended.
  • The extension is effective from 29th November 2024.
  • The policy's term is extended by 3 months.

Impact Analysis

Domestic Iron and Steel Manufacturers

  • Action Item: Ensure compliance with the policy guidelines to maximize benefits from government contracts.

Government Procurement Agencies

  • Action Item: Ensure all procurement staff are aware of the extension.

Foreign Iron and Steel Manufacturers

  • Action Item: Reassess market strategy in light of the policy extension.

Consumers

  • Action Item: Monitor market trends and price fluctuations.

Key Entities Referenced

Ministry of Steel: The ministry that issued the notification and is responsible for the policy. Notification No. 3(2)/2018-IDD [G.S.R. 385(E)]: The original notification published on 29th May 2019 which established the policy for preference to domestically manufactured iron and steel products in government procurement. Government of India: The governing body that implements and publishes the policy through its ministries and departments.
Official Source Record View Original Source →
See Full Document Text
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-04122024-259132 CG-DxLx-xEG-I0D4H1x2x2x0 24-259132 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (i) PART II—Section 3—Sub-section (i) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 685] नई दिल्ली, मगं लवार, दिसम्ब र 3, 2024/अग्रहायण 12, 1946 No. 685] NEW DELHI, TUESDAY, DECEMBER 3, 2024/ AGRAHAYANA 12, 1946 इस्ट्पात मत्रं ालय अजधसचू ना नई दिल्ली, 3 दिसम् बर, 2024 सा.का.जन. 747(अ).— सरकारी खरीि म ें स्ट्विेिी रूप से जवजनर्मित लौह एवं इस्ट्पात उत्पािों को प्राथजमकता प्रिान करन े के जलए भारत के रािपत्र म ें दिनांक 29.5.2019 [िी.एस.आर. 385(ई] की अजधसूचना संख्या 3(2)/2018- आईडीडी के तहत प्रकजित संिोजधत नीजत के परै ा 10.1 के प्रावधानों के अनुसार, नीजत की लागू अवजध को 29.11.2024 से एतिद्वारा 3 माह की अजतररक्त अवजध के जलए बढाया िाता ह।ै [फा. स.ं 8(2)/2023-आईडी-I] अजभिीत नरेंद्र, संयुक्त सजचव MINISTRY OF STEEL NOTIFICAION New Delhi, the 3rd December, 2024 G.S.R. 747(E).— In terms of the provisions of Para 10.1 of the revised Policy for providing preference to domestically manufactured Iron & Steel Products in Government procurement, published in the Gazette of India vide Notification No.3(2)/2018-IDD dated 29.5.2019 [G.S.R. 385(E)], the applicable term of the Policy is hereby extended for a further period of 3 months with effect from 29.11.2024. [F. No. 8(2)/2023-ID-I] ABHIJIT NARENDRA, Joint Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054. 7833 GI/2024

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