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The finance minister P. Chidambaram notified a Public Procurement Policy for SMEs. According to the notification, all Central Public Sector Undertakings (CPSUs) have to procure 20% of their total purchase from SMEs. This amounts to INR75,000 cr worth of goods to be procured from CPSUs. This is a great boon for startup companies, as all […]
18 Feb 2014