‘Waiver for special grade steel procurement only after review’

‘Waiver for special grade steel procurement only after review’

A high-level panel to address issues pertaining to procurement of domestic steel products has said waivers for special grades not manufactured in the country will be granted only after review.

The government had approved a policy last month for providing preference to domestically manufactured iron and steel products valued at Rs 50 crore or more in government procurement (DMI&SP Policy) under which waivers are granted for procurement of steel which can not be manufactured in the country. Read More…

 

Credit By : Deccanchronicle

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