What are the recent changes made by the Finance Ministry to ease procurement rules for scientific research equipment
Exploration of recent modifications by Finance Ministry to facilitate scientific equipment purchase.
The Finance Ministry recently made changes to ease procurement rules for scientific research equipment in India. Some of the modifications include:
- Increasing the threshold limit for e-procurement from Rs 10 lakh to Rs 50 lakh for scientific equipment purchases.
- Streamlining the procurement process by reducing the number of procurement stages and paperwork required.
- Emphasizing quicker processing and clearance of procurement proposals to expedite equipment acquisition for research purposes.
- Introducing more flexibility in the guidelines to enable research institutions to procure high-quality scientific equipment efficiently.
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9 months ago