HomeNewsBusinessPublic procurement from women-owned MSEs in FY21 surpasses FY20 level

Public procurement from women-owned MSEs in FY21 surpasses FY20 level

So far this fiscal, CPSEs have purchased goods worth Rs 558.85 crore, benefitting 3596 MSEs.

March 05, 2021 / 19:27 IST
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The public procurement of goods and services by central ministries, departments and central public sector enterprises (CPSEs) from women-owned micro and small enterprises (MSEs) this fiscal has exceeded the FY20 level, according to the MSME Sambandh portal.

With less than a month left for the completion of the current financial year, the procurement from women-owned MSEs has already surpassed the FY20 level.

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So far this fiscal, CPSEs have purchased goods worth Rs 558.85 crore, benefitting 3596 MSEs.  In FY20, the procurement of goods from women-owned MSEs stood at Rs 393.43 crore. It had benefitted 3657 women-owned MSEs. The procurement in FY19 stood at Rs 232.56 crore.

In 2018, the government had revised the annual public procurement target for the government organisations from MSEs to 25 percent from 20 percent stipulated earlier.