New Delhi, April 28, 2017: The Commerce and Industry Ministry is working on fixing the nuts and bolts of a policy to give preference to domestically manufactured goods in government procurement with a view to promoting Make in India.
“The policy would be in tune with the Make in India initiative. Both the departments of commerce and industry have advocated such a policy,” a senior commerce ministry official said.
The official said the global trade rules of the World Trade Organisation (WTO) allow member countries to prefer domestically made products for government procurement purposes.
BusinessLine
