Incorporating Business Responses in Public Procurement Legislative Development in India

CEGET has taken up a study to critically analyse the pending Procurement Bill in the Parliament from the stand point of business. Apart from analyzing the Indian Bill, CEGET would also do a comparative analysis with the laws in other countries and international organisations like U.K., China, EU among others. The aim is to come up with a policy solution paper to be submitted to the Parliament recommending changes that would make the bill a little more supportive to their benefits.

The strategy followed is for a draft paper to be prepared by an expert, leading into a national dialogue, out of which would emerge good practices of industry in procurement and finally a policy solution that the central and state governments could implement.