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Tamil Nadu MSMEs Urge for 50% Procurement Quote under New Procurement Policy

The new procurement policy seems to have impressed the interest levels of MSMEs towards government-oriented business. The Micro Small and Medium Enterprises (MSMEs) owners in Tamil Nadu have asked the state government to ensure that public sector undertakings and corporates in the state should procure 50 per cent of orders within the state. Though, as per the procurement policy recommendations and guidelines, only upto 30% total PSU's or Govt Dept's procurement should come from MSMEs

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