A municipal worker drives a coronavirus-theme auto rickshaw in Chennai © ARUN SANKAR/AFP via Getty Images
A municipal worker drives a coronavirus-theme auto rickshaw in Chennai © ARUN SANKAR/AFP via Getty Images

India backs SMEs in new procurement rules

20 May 2020

The Indian government has altered its procurement rules to give the country’s SMEs a better chance of winning public sector contracts.

India’s Department of Expenditure said in an amendment note that it had changed the General Financial Rules (GFR) to make it harder for government departments to launch tenders for potential bidders outside India.

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