1.

Government has notified the amendments to the General Financial Rules(GFR) 2017 that the global tenders will be banned for government procurement upto how much worth?

Answer» Government has notified the amendments to the General Financial Rules 2017 to ensure that goods and services valued less than Rs 200 crores are procured from domestic firms, which states that the global tenders will be banned for government procurement upto 200 crores as announced in the AatmanirbharBharat Package. This move will boost domestic suppliers, particularly Micro, Small and Medium Enterprises.


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