Home » MSME » Procurement of Goods and Services from MSMEs by PSEs 

Procurement of Goods and Services from MSMEs by PSEs 

Annual procurement of goods & services from Micro, Small and Medium Enterprises (MSME) by the Central Public Sector Enterprise (CPSE) during 2017-18 stands at Rs. 24226.51 crore in which the share of procurement from MSEs owned by SC/ST Entrepreneur is Rs. 442.52 crore.

The details of annual procurement by the CPSEs during the last four years, as per information provided by Department of Public Enterprises (DPE), are as under:


Year No. of CPSEs Total Procurement (Rs. in Crore) Procurement from MSEs

 (Rs. in Crore)

Procurement from MSEs owned by SC/ST Entrepreneur

(Rs. in Crore)

2014-15 133 131766.86 15300.57 59.37
2015-16 132 279167.15 12566.15 50.11
2016-17 142 245785.31 25329.44 400.87
2017-18 169 280785.49 24226.51 442.52


Ministry of MSME has taken several measures for effective implementation of the Public Procurement Policy. These include constitution of review committee to monitor the progress of implementation of Public Procurement Policy, launch of SC/ST hub to providesupport to SC/ST Entrepreneurs, launch of MSME Sambandh portal to monitor the progress of procurement from MSEs including MSEs owned by SC/ST and women.

The information was given by the Minister of State (Independent Charge) for MSME, Giriraj Singh, in Lok Sabha today.

The Public Procurement Policy for Micro and Small Enterprises (MSME) has mandated that every Central Ministry/Department/PSU shall set an annual goal of minimum 20 per cent of the total annual purchases from the products or services produced or rendered by MSEs. However, the government recently revised the order making it compulsory for all CPSEs to procure 25% from MSMEs instead of 20% of their total purchases.  Out of the total annual procurement from Micro and Small Enterprises, 3 per cent from within the   target shall be earmarked for procurement from Micro and Small Enterprises owned by women.A sub-target of 4% out of   annual procurement is earmarked for procurement from MSEs owned by SC/ST entrepreneurs.

About ppb

Leave a Reply

Your email address will not be published. Required fields are marked *



Check Also

India has witnessed tremendous growth of 727% for Wheat export and 132% for (Non-Basmati) Rice export during 2020-21

India has consistently maintained trade surplus in the agricultural products over the years. India’s agricultural ...

Exchange rate notification No. 40/2021 – Customs (N.T.)

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 ...

Business done by Hindustan Aeronautics Limited (HAL)

Business done by HAL in last ten years is as under:- Rs. In Crore Particulars ...

Sanction for prosecution accorded in 366 cases in violation of CSR provisions

Whenever any violation of CSR provisions is reported, action against such non-compliant Companies are initiated ...

1,38,051 new companies registered from April 2020 to February 2021

The Minister of State for Finance & Corporate Affairs Shri Anurag Singh Thakur said that ...

Bankrupt Companies after lockdown was imposed due to COVID-19 pandemic

As per information from Insolvency and Bankruptcy Board of India (IBBI), details for the period ...

POWERGRID Signs Agreement to Acquire 74% Stake in Jaiprakash Power Ventures Limited

Power Grid Corporation of India Limited (POWERGRID), a Maharatna PSE under Ministry of Power, Government ...

Integrated Scheme for Development of Silk Industry

The Govt. of India through Central Silk Board has been implementing a Central Sector Scheme ...

324 companies filed for bankruptcy between 2018 to 2020

As per data provided by the National Company Law Tribunal (NCLT), 149 in the year 2018, ...

Agro Processing Clusters and Mega Food Parks in the country

Ministry of Food Processing Industries (MoFPI) has been implementing the Scheme for Creation of Infrastructure ...

WP2Social Auto Publish Powered By : XYZScripts.com