In accordance with the revised Public Procurement Order 2017, the government has modified public procurement norms for giving maximum preference to companies whose goods and services have how much perccent local content?

2020

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	50%
B	20%
C	30%
D	25%

Explanation:

Detailed explanation-1: -The self-procurement norms are aimed at promoting Make in India. The government has modified public procurement norms to give maximum preference to companies whose goods and services have 50 per cent or more local content, a move aimed at promoting ‘Make in India’ and making the country self-reliant.

Detailed explanation-2: -PP-Preference to Make in India The objective of DIPP PPP-MII order 2017 is to promote manufacturing and production of goods and services in India with a view to enhance income & employment. O.M. regarding identification of Telecom items under Clause 10(d) of Public Procurement (Preference to Make in India) Order, 2017.

Detailed explanation-3: -Class-I Local supplier - a supplier or service provider, whose goods, services or works offered for procurement, has local content equal to or more than 50%.

There is 1 question to complete.