Universal eligibility
- September 21, 2020
- Posted by: OptimizeIAS Team
- Category: DPN Topics
No Comments
Subject: Economy
Context:
No preference for ‘Make in India’ in World Bank project to curb coronavirus
Concept:
- The $1 billion World Bank loan to prevent, detect and respond to the threat of coronavirus and strengthen national health systems for preparedness as India combats the ongoing pandemic comes with a condition of “universal eligibility” in procurements.
- This would mean that all preferential market access policies, including Public Procurement (Preference to Make in India) Order, Micro Small & Medium Enterprises (MSME) Policy, certain benefits to start-ups, shall not be applicable on purchases made while implementing the national project.