Universal eligibility

  • September 21, 2020
  • Posted by: OptimizeIAS Team
  • Category: DPN Topics
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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.
economy Universal eligibility