- Financial Express
Exclusive: Govt looking at making provisions on GeM portal to boost procurement from SC/ST MSMEs
Ease of Doing Business for MSMEs: The annual procurement targets of 4 per cent from SC/ST units and 3 per cent from women entrepreneurs have never been met by the government buyers so far. In fact, the annual procurement from SC/ST businesses was highest at 0.54 per cent in FY19 and 0.50 per cent from women units in FY21.
Ease of Doing Business for MSMEs: In order to boost public procurement from scheduled caste/scheduled tribe (SC/ST) entrepreneurs in the country, the government is looking at making provisions on the Government e-Marketplace (GeM) portal that would also help enhance SC/ST MSMEs’ share in the overall 25 per cent annual procurement target of government buyers from micro and small enterprises.
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