‘Ensure transparency’

Seminar on procurement process held

February 20, 2019 01:52 am | Updated 01:52 am IST - PUDUCHERRY

Rakesh Kumar, CMD, NLCIL (third from left), releasing a souvenir at a seminar in Neyveli.

Rakesh Kumar, CMD, NLCIL (third from left), releasing a souvenir at a seminar in Neyveli.

Rakesh Kumar, CMD, NLCIL, underscored the need to ensure transparency, accountability and economically competitive price for goods and services.

Inaugurating a two-day seminar conducted by NLCIL on ‘Best practices and latest trends in procurement process,’ he pointed out that this was all the more vital in a situation where public procurement was more than 20% of the country’s GDP.

The e-marketing system has already gained momentum in NLCIL, Mr. Kumar added.

Souvenir released

He later released a souvenir. V. Thangapandian, Director/Power, Prabhakar Chowki, Director/Mines, senior officials of NLCIL and delegates participated.

Nadella Naga Maheswar Rao, Director/P&P, stressed the need to give adequate importance to MSME vendors and implement “Make in India” guidelines in letter and spirit.

Bhanu Kumar, Director of MSTC, participated in the valedictory session as guest of honour.

According to an NLCIL press note, messages from Haribhai Parthibhai Chaudhary, Union Minister of State for Coal and Mines, Sumanta Chaudhuri, Secretary, Union Ministry of Coal and Mines, and Radha Chauhan, CEO, Government e-Marketplace (GeM) were read out at the event.

The Acts and Guidelines on the Public Procurement Policy of the Union Government with reference to micro small enterprises, domestic suppliers, start-up companies, the Make in India policy and procurement through the newly developed Government Procurement Portal GeM and their compliance in PSUs and e-auction were the main topics of discussion at the seminar.

A total of 200 delegates, including 55 delegates from various public sector enterprises, attended the sessions.

Various firms had also put up stalls.

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