Tag: procurement

Paddy Procurement Crosses 231 LMT Mark benefiting over 13.50 Lakh Farmers with MSP value of about Rs. 47644 Crores

Paddy procurement for KMS 2022-23 (Kharif crop) is progressing smoothly in 13 procuring States/UTs viz. Punjab, Chandigarh, Chhattisgarh, Uttarakhand, Himachal Pradesh, Bihar, Uttar Pradesh, Gujarat, J&K, Kerala, Telangana, Haryana and Tamil Nadu with purchase of over 231 LMT of paddy upto 10.11.2022 against the previous year corresponding paddy purchase of about 228 LMT. Over 13.50 Lakh farmers have already been benefited from the ongoing KMS procurement operations with MSP value of Rs. 47644 crores. The rainfall condition this year has been fairly good in the country and the production of paddy is expected to remain ... Read more

Procurement Partners Adds Industry Veterans to Leadership Team to Support Growth

BLOOMINGTON, Ill. – Sept. 28, 2022 – PRLog — Procurement Partners continues to invest in industry and high growth experience to its leadership, as the company announces three new additions to its executive team. The company is excited to announce Jeffery Lew as the new Chief Product Officer, Ryan Klepps as Senior Vice President of Operations, and Ben Barron as the Vice President of Sales. Lew joins Procurement Partners from Nextech Systems, where he was the Senior Vice President of Product Management.  With 20+ years of leadership experience, Lew has a proven track record of building out Product Strategy and ... Read more

Government sets a target of 75% procurement by 15th August and 100% by the end of current financial year for procurement through GeM

On the directions of Prime Minister, a review meeting of GeM (Government E-Marketplace) was held under the chairmanship of Commerce and Industry Minister Sh. Piyush Goyal today. Buyers from over 50 Central Govt. Ministries and 50 CPSEs were invited for getting firsthand feedback of the Buyers. Shri Goyal lauded the efforts being made by various Buyer organizations in increasing their procurements through GeM and emphasized that Hon’ble Prime Minister has set a target of 75% procurement to be made through GeM by 15th of August and 100% procurement to be made through GeM by the ... Read more

Centre extends wheat procurement season, asks States/UTs and FCI to continue wheat procurement till 31st May

The Centre has asked wheat producing states and UTs with procurement closing dates expiring early to continue procurement till 31st May, 2022. The Ministry of Food & Public Distribution and Consumer Affairs has also directed FCI to continue with wheat procurement under the central pool. The extended period is expected to benefit farmers. The decision comes in the wake of requests by state governments/UTs to continue the procurement process. Meanwhile, the procurement of wheat under central pool is progressing smoothly in Rabi Marketing Season 2022-23, in the States/UTs of Madhya Pradesh, Haryana, Punjab, Uttar Pradesh, ... Read more

CCS Approves Procurement of 15 Light Combat Helicopters (LCH) Limited Series Production (LSP) from HAL for IAF (10) & IA(05)

The Cabinet Committee on Security (CCS) met under the Chairmanship of Prime Minister Shri Narendra Modi on 30 March 2022 in New Delhi. The CCS has approved procurement of 15 Light Combat Helicopter (LCH) Limited Series Production at the cost of Rs. 3,887 Cr along with Infrastructure sanctions worth Rs. 377 Cr.   Light Combat Helicopter Limited Series Production (LSP) is an indigenously designed, developed and manufactured state of the art modern combat helicopter containing approx. 45% indigenous content by value which will progressively increase to more than 55% for SP Version. This helicopter ... Read more