MSME Development Institute (MSME-DI), in association with Engineers India Limited (EIL), Indian Oil Corporation Ltd. (IOCL), and National Small Industries Corporation Limited (NSIC), New Delhi, is going to organise a two-day event on National Vendor Development Programme-cum-Industrial Exhibition at the premises of MSME-DI Campus, New Delhi, on 10 and 11 December, 2014.
The objective of organising this event is to display products and services manufactured or rendered by micro and small enterprises, and the products and services required by the government departments and PSUs.
“During the event a seminar will also be organised, where in procurement strategies, vendors registration procedure and government’s schemes to make MSEs competitive will also be discussed. The overall objective of the programme is to implement Public Procurement Policy effectively,” informs RP Vaishya, Director, MSME Development Institute, New Delhi.
In this event, the micro and small enterprises from different states such as Andhra Pradesh, Uttar Pradesh, Karnataka, Punjab and New Delhi will be participating. Major Government departments like Indian Oil Corporation Ltd., Engineers India Limited, are also participating in the event as buyers.
The Government of India brought Public Procurement Policy in 2012 which is going to be mandatory since April 1, 2015 onwards. “According to this policy the central ministries, departments and PSUs will have to procure minimum 20 percent of their annual requirement of store items from Micro, Small Enterprises (MSEs) and 4 percent of total requirement from Micro, Small Enterprises owned by SC and ST entrepreneurs,” the director further says.