Home India Ministry of Micro, Small and Medium Enterprises In exercise of powers conferred by section 11 of the Micro, ...
Date: 2018-11-09 Category: Extra Ordinary State: Union Government Country: India

In exercise of powers conferred by section 11 of the Micro, Small and Medium Enterprises Development Act,

Issued by Ministry of Micro, Small and Medium Enterprises · Not Applicable

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Executive Summary & Key Takeaways

This document is an official order from the Ministry of Micro, Small and Medium Enterprises, Government of India, published on November 9, 2018. It pertains to amendments to the Public Procurement Policy for Micro and Small Enterprises (MSEs) Order, 2012. The key amendment increases the procurement target from Micro and Small Enterprises from 20% to 25%. Furthermore, a special provision is introduced, mandating that 3% of the total annual procurement from MSEs (within the 25% target) be earmarked for procurement from MSEs owned by women. This order is issued under the authority of Section 11 of the Micro, Small and Medium Enterprises Development Act, 2006. The responsible authority is Ram Mohan Mishra, Additional Secretary & Development Commissioner. The file number for this order is F. No. 21/22/2018-MA.

Key Entities Referenced

Micro, Small and Medium Enterprises Development Act, 2006: An act of the Indian Parliament to facilitate the promotion and development and enhance the competitiveness of micro, small and medium enterprises. Public Procurement Policy for the Micro and Small Enterprises MSEs Order, 2012: An order related to public procurement policy for micro and small enterprises in India. New Delhi: The location where the order was issued. Central Government: The governing authority issuing the amendments. Micro and Small Enterprises: Target beneficiaries of the procurement policy. Government of India Press, Ring Road, Mayapuri, New Delhi110064: The printing location. Ram Mohan Mishra: The Additional Secretary and Development Commissioner. Public Procurement Policy for Micro and Small Enterprises MSEs Amendment Order, 2018: Amendment to the 2012 order.
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