Alerts & Updates 29th Oct 2021
As part of the recently announced “Atmanirbhar Bharat package” by the Central Government, an amendment has been made to General Financial Rules, 2017 (GFR) to ensure that henceforth, global tenders up to INR 200 crore, will be disallowed in government procurement of goods and services. Announced as part of the package to support the MSME Industries with the intent of “Self-reliant India” & “Make in India”, in reality, the bar has wide ramifications for all businesses who regularly bid for government projects.
As per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.