Cabinet extends policy for providing preference to domestically manufactured iron & steel products in Govt procurement by 6 months
As per an esrlier PIB release, the policy mandates to provide preference to Domestically Manufactured Iron & Steel Products (DM1&SP), in Government Procurement. The policy is applicable on all government tenders where price bid is yet to be opened.
This policy seeks to accomplish the PM's vision of 'Make in India' with objective of nation building and encourage encourage domestic manufacturing. (File image)