GSL holds vendor development program for SC/ST entrepreneurs -Governance Now

GSL holds vendor development program for SC/ST entrepreneurs

Plan to meet 4 percent procurement target from MSEs owned by SC/ST

GN Bureau | July 3, 2017

#PSU #Goa Shipyard #Shekhar Mital #SC/ST entrepreneurs

In order to promote increased participation of SC/ST entrepreneurs in the ship building sector, Goa Shipyard Limited organized its first National Vendor Development Program exclusively for micro and small industries (MSEs) owned by SC/ST entrepreneurs.

Over 150 entrepreneurs from across the country attended the program. CMD of GSL Rear Admiral (Retd), Shekhar Mital highlighted the government’s commitment towards promotion of MSEs and SC/ST entrepreneur in particular.

GSL, at the behest of the MoD, has initiated various measures for ease of doing business, particularly for MSMEs. These include speedy payments, advance payments to MSMEs and start ups, low registration fees etc, besides hand holding firms in development of import substitute items.

“GSL is a policy driven progressive DPSU, committed to promote MSEs and are exceeding the mandatory target of 20 percent procurement from MSEs,” he said. He further stated that GSL is committed to meet 4 percent procurement target from MSEs owned by SC/ST as per the Centre’s guidelines and urged participants to register with GSL as vendors and be partners in GSL growth. He also appreciated efforts made by Dalit Indian Chamber of Commerce and Industry (DICCI) to promote SC/ST entrepreneurs.

Comments

Other News

‘Oral cancer deaths in India cause productivity loss of 0.18% GDP’

A first-of-its-kind study on the economic loss due to premature death from oral cancer in India by the Tata Memorial Centre has found that this form of cancer has a premature mortality rate of 75.6% (34 premature events / 45 total events) resulting in productivity loss of approximately $5.6 billion in 2022

Days of Reading: Upendra Baxi recalls works that shaped his youth

Of Law and Life Upendra Baxi in Conversation with Arvind Narrain, Lawrence Liang, Sitharamam Kakarala, and Sruti Chaganti Orient BlackSwan, Rs 2,310

Voting by tribal communities blossoms as ECI’s efforts bear fruit

The efforts made by the Election Commission of India (ECI), over last two years, for inclusion of Particularly Vulnerable Tribal Groups (PVTG) communities and other tribal groups in the electoral process have borne fruit with scenes of tribal groups in various states/UTs participating enthusiastically in t

GST revenue for April 2024 at a new high

The gross Goods and Services Tax (GST) collections hit a record high in April 2024 at ₹2.10 lakh crore. This represents a significant 12.4% year-on-year growth, driven by a strong increase in domestic transactions (up 13.4%) and imports (up 8.3%). After accounting for refunds, the net GST

First Magahi novel presents a glimpse of Bihar bureaucracy a century ago

Fool Bahadur By Jayanath Pati (Translated by Abhay K.) Penguin Modern Classics, 112 pages, Rs 250 “Bab

Are EVs empowering India`s Green Transition?

Against the backdrop of the $3.5 billion Production-Linked Incentive (PLI) scheme launched by the Government of India, sales of Electric Vehicles (EVs) are expected to grow at a CAGR of 35% by 2032. It is crucial to take into account the fact that 86% of EV sales in India were under the price bracket of $2