Financial ExpressApr 25, 2022FY22 review: Micro, small enterprises see record govt procurement; these ministries are biggest buyEase of Doing Business for MSMEs: The central government purchases from micro and small enterprises (MSEs) have hit a record high in the financial year 2021-22, according to the official data. This comes in the backdrop of the gradual increase in the share of procurement made from MSEs by most of the government ministries and departments out of their overall annual public procurement in the past four years barring the Covid year. In fact, going by the data available on the public procurement policy monitoring portal MSME Sambandh, the aggregate procurement by the central government from MSEs has been exceeding the 25 per cent minimum annual threshold consecutively since FY19.Read more at Financial Express
Ease of Doing Business for MSMEs: The central government purchases from micro and small enterprises (MSEs) have hit a record high in the financial year 2021-22, according to the official data. This comes in the backdrop of the gradual increase in the share of procurement made from MSEs by most of the government ministries and departments out of their overall annual public procurement in the past four years barring the Covid year. In fact, going by the data available on the public procurement policy monitoring portal MSME Sambandh, the aggregate procurement by the central government from MSEs has been exceeding the 25 per cent minimum annual threshold consecutively since FY19.Read more at Financial Express
