It is estimated that in India (as is the case world-wide), the public procurement market holds significant potential and has strategic importance for the growth of overall economy including the Micro and Small Enterprise (MSE) sector. The Public Procurement policy for MSE 2012 mandates twenty percent (20%) procurement of goods and services from Micro and Small Enterprises (MSE) by all Central Ministries, Departments and Central Public Sector enterprises (CPSE’s) from FY 2015.
An effective implementation of the policy requires a significant build-up of knowledge and institutional capacity, nurtured over time to address the ever growing challenges of public procurement for MSEs, CPSEs and other concerned stakeholders. To enable this, the Office of DC MSME, Ministry of MSME and GIZ who jointly implement the MSME Umbrella Programme (MSME-UP), have initiated technical support for the effective implementation of the Public Procurement Policy for MSEs.
Towards the same, a CII SME Policy Roundtable on 'Public Procurement Policy' was organised at New Delhi on 03 June, 2014. A background paper released at the Roundtable is detailed.