Government Procurement from MSME’s the Present and the Future

Authors

  • Ramanathan K. Senior Accounts Officer, Satish Dhawan Space Centre, Indian Space Research Organisation, Sriharikota

DOI:

https://doi.org/10.33516/maj.v55i12.31-34p

Keywords:

No Keywords.

Abstract

The MSMEs in India are considered to be the real engines of growth for the economy and their healthy participation in Government Procurement will have its own beneficial spin offs to the society. Government is doing a lot to encourage them but still some more things will empower these lilliputs to become economic giants and contribute in nation building.

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Published

2020-12-31

How to Cite

K., R. (2020). Government Procurement from MSME’s the Present and the Future. The Management Accountant Journal, 55(12), 31–34. https://doi.org/10.33516/maj.v55i12.31-34p

Issue

Volume 55, Issue 12, December 2020

Section

Cover Story
Crossref
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Europe PMC

References

Government E Market place Website (https://gem.gov.in/)

Article in Financial Express dated March 23, 2020 (https://www.financialexpress.com/industry/sme/msme-other-indias-msme-sector-swells-adds-these-many-enterprises-in-fy20-micro-businesses-dominate/1906979/)

Article in The Economic Times dated May 26, 2020 (https://economictimes.indiatimes.com/small-biz/sme-sector/finance-minister-announces-revised-msme-definitions-no-different-between-manufacturing-and-service-enterprises/articleshow/75717694.cms)

Website of Ministry of MSME, GoI (http://www.dcmsme.gov.in/schemes/Listof358itemsReserved.pdf)

Website of Ministry of MSME, GoI (https://msme.gov.in/public-procurement-policy#:~:text=Every%20 Central%20Ministry%20%2FDepartment%20%2F%20 PSUs,mandatory%20from%201st%20April%202015)

Website of Reserve Bank of India (https://m.rbi.org.in/scripts/FAQView.aspx?Id=132)

Article in Indian Express July 4, 2020 (https://indianexpress.com/article/business/economy/fm-buyers-to-pay-interest-for-late-payment-on-gem-portal-6489059/)

UDYAM Website of Ministry of MSME, GoI (https://udyamregistration.gov.in/Government-India/Ministry-MSME-registration.htm)

SAMADHAN Website of Ministry of MSME, GoI (https://samadhaan.msme.gov.in/MyMsme/MSEFC/MSEFC_Welcome.aspx)

SAMBANDH Website of Ministry of MSME, GoI (https://sambandh.msme.gov.in/PPP_index.aspx)

SAMBANDH Website of Ministry of MSME, GoI (https://sambandh.msme.gov.in/PPP_Purchaselist.aspx)

Recent clarification on Prior turnover & Experience Exemption by Min of Finance (https://doe.gov.in/sites/default/files/Request%20for%20clarification%20on%20 provision%20for%20startups%20and%20MSMEs.pdf)