CURRENT AFFAIRS

2023

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

In what year did the Ministry of Defense become the largest buyer of MSME goods?

A	2022
B	2023
C	2021
D	2019

Explanation:

Detailed explanation-1: -Ministry of Defense becomes the largest buyer of MSME goods in 2022. The Ministry of Defense emerged as the largest buyer through MSME sellers. In 2022, the Ministry of Defense envisages procurement of goods and services worth Rs 16, 747 crore from the MSME sector. This was 250% more than the purchases made in 2021.

Detailed explanation-2: -Recently, Government e-Marketplace (GeM) informed through a tweet that in 2022, the Ministry of Defense emerged as the largest buyer through MSME sellers.

Detailed explanation-3: -Defence Ministry: Top Buyer In 2022, the Defence Ministry procured Rs 16, 747 crores worth of goods and services from the MSME sector. This was 250% higher than that of the procurement made in 2021. Of all the states UP made the highest procurement.

Detailed explanation-4: -Union Minister for MSME Shri Narayan Rane today launched the MSME Innovative Scheme (Incubation, Design and IPR) along with the MSME IDEA HACKATHON 2022.

There is 1 question to complete.