The main objective of this scheme is execution of orders for supply of goods or services in accordance with a system which is fair, equitable, transparent, competitive and cost effective, hence it specifies that Central Government, Ministries, Departments and Public Sector. Undertakings shall procure minimum of20 per cent of their annual value of goods or services from Micro and Small Enterprises.

Registered Micro and Small Enterprises

The schemes supports Micro and Small enterprises with the mandate that Every Central Ministry or Department or Public Sector Undertaking shall set an annual goal of procurement from Micro and Small Enterprises from the financial year 2012-13 and onwards, with the objective of achieving an overall procurement of minimum of 20 percent, of total annual purchases of products produced and services rendered by Micro and Small Enterprises in a period of three years.’

The Public Procurement policy will take place through the programmes like

• Vendor Development Programs or Buyer seller meet
• Outreach Programs under scheme of consortia formation
• Through a special window for ST/SCs under a single point registration scheme

The programs are monitored by Review committee under the chairmanship of Secretary, Ministry of Micro, Small and Medium Enterprises. To know more about the scheme see:http://dcmsme.gov.in/notification.pdf