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PUBLIC PROCUREMENT NORMS
Stronger push for accountability: Evaluation tightened, faltering CPSEs to face strict penaltiesNew performance rules for central public sector enterprises have come into effect. Strict penalties will be applied for not meeting corpora...
India's R&D punches above its weight, but grant delays and red tape hold back researchersIndia is an innovation 'overperformer' but its research systems lag behind. Improving 'ease of doing R&D' is crucial. This requires faster ...
Centre allows big funds to bid for BOT highway projectsIndia's Ministry of Road Transport and Highways is opening build-operate-transfer road projects to large institutional investors. This poli...
Finance ministry links government procurement with labour law complianceAn office memorandum dated May 8, 2026, issued by the procurement policy division of the department of expenditure to all central ministrie...
Government's foodgrain stocks hit 604 lakh tonnes, nearly three times buffer requirementIndia's food reserves are robust. Wheat and rice stocks in FCI godowns are nearly three times the mandatory buffer. This ensures ample supp...
Big relief for residents: HC tells builder to demolish illegal construction in setback area over missing fire NOCBengaluru apartment owners secured a major win as the Karnataka High Court ordered a builder to demolish illegal construction. The construc...
Decoding govt’s wheat strategy: Can higher procurement push and export quota hike lift the sector?Experts say wheat procurement may be constrained by limited storage, while exports remain largely uncompetitive globally.
Pure ghee or not? TTD procures over 70 lakh kg without mandatory quality testsA commission revealed the Tirumala Tirupati Devasthanams procured millions of kilograms of ghee without required quality checks. This syste...
India eases HVDC localisation rules, sets timeline to reach 60% local content by 2035The Ministry of Power has updated its 'Make in India' rules for the power sector. A new plan will gradually increase local content in HVDC ...
ET Prime Special Series: Multibagger or Bankrupt - Part 56: An acquisition, a divestment, and a JV for EV. Ready for re-rating?Bulls argue this company is becoming a complete mobility-platform supplier in India: Power solutions and aftermarket, braking and safety. B...
Another trade war? EU fires first shot in economic clash with ChinaEU is planning a major shift in its industrial policy through the proposed “Made in Europe” framework under the Industrial Accelerator Act,...
ONGC cancels jack-up rig tender over cartelisation fears, flags 60% spike in bid pricesState-run ONGC has cancelled a tender for jack-up rigs due to concerns over unusual price hikes and bid patterns, suspecting collusive prac...
Vaishno Devi 'silver' offerings scam: Mint finds toxic fake metal in donationsSilver offerings at Mata Vaishno Devi Shrine are not pure silver. Assayers found offerings contained only 5-6% silver, with the rest being ...
Centre relaxes wheat procurement norms for Punjab to counter rain damageThe central government has eased wheat procurement rules for Punjab and Chandigarh for the Rabi Marketing Season 2026-27. This decision fol...
Public procurement norms applicable to PPP projects: DPIITIn an office memorandum, the Department for Promotion of Industry and Internal Trade (DPIIT) said it is “directed to clarify that the Publi...
DPIIT to appoint agency to scrutinise govt tenders for compliance with procurement normsThe Department for Promotion of Industry and Internal Trade (DPIIT) will rope in a consulting agency to scrutinise tenders of government pr...
- Revamp of public procurement norms
The Ministry of Finance is revamping the public procurement measures by putting in place a new system of centralised regulations with de-ce...