CCEA renews the decision after previous quota period lapsed
GN Bureau | June 1, 2016
The cabinet committee on economic affairs (CCEA) on Wednesday approved the proposal of Department of Telecommunications (DoT) regarding continuation of reservation quota for ITI Limited in procurements made by BSNL, MTNL and Bharat Broadband Network Limited (BBNL).
This will provide relief to ITI and also help in generating more employment opportunities in the company, particularly in the field of new telecom technologies. Previously, in January 2014 CCEA had extended the quota benefit for ITI for a period of one year which expired on September 20, 2014.
Now, BSNL, MTNL and BBNL will reserve 30% of the procurement orders for ITI for the products manufactured by it and for those outsourced items in which there is a minimum 5% value addition by ITI during 2016-17 and 8% value addition in 2017-18.
The three organisations will also reserve 20% of the orders for the turnkey projects [like GSM (Global System for Mobile Communication) network roll-out etc. of BSNL and MTNL and National Optical Fibres Network (NOFN) network roll-out, etc. of BBNL] for ITI.
ITI would accept orders under reservation quota only after the price is known and if the same is commercially viable. ITI shall exercise its option under Reservation Quota within 15 days of bid opening, an official release said.
The new policy measures shall remain in force for two years with effect from the date of approval of CCEA and shall again be reviewed considering the financial health of ITI after the expiry of this period.
However, the government has introduced Public Bill 2012 in parliament, and under its provisions, procuring entities, including CPSEs, would have to frame Rules for Public Procurement of Goods, Works and Services. Once such Public Procurement Rules for CPSEs are framed after the enactment of Public Procurement Act, the same would also be applicable to CPSEs under the administrative control of the DoT.
On May 23 this year, the ministry of environment issued ‘Rules on prevention of cruelty to animals (regulation of livestock market)’ with the purported aim of regulating animal markets. When one reads the rules – notwithstanding the lame efforts from union ministers to issue clarificati
BEML, a mini ratna category-1 enterprise of the defence ministry, has set a target of using 100 percent renewable energy for its own consumption. In this connection, BEML’s 9 MW Windmill Park installed at Bagalkot District in Karnataka was recently
Bharat Heavy Electricals Limited (BHEL), a Maharatna enterprise, has recorded nearly 14 percent growth in its intellectual capital in 2016-17 fiscal. During the year, a record 508 patents and copyrights were filed by the company, translating into filing of nearly two patents/copyrights
National Aluminium Company Limited (NALCO) has joined hands with the Confederation of Indian Industries (CII), Odisha, to organise outreach programmes for industries and other stakeholders on GST implementation. Series of interactive programmes are being
Taking prime minister Narendra Modi’s vision of ‘Housing for all by 2022’ forward, Employees` Provident Fund Organisation (EPFO) has amended the EPF Scheme, 1952 to provide assistance in acquiring affordable houses to the EPF members by allowing withdrawal from PF to
IndianOil is currently transporting bulk LPG from Mangalore to various LPG bottling plants in north Kerala through about 100 bullet trucks every day, which ply on narrow highways. A pipeline connecting the proposed LPG import terminal to Kochi Refineries Limited and the LPG bottling plants at Udayamperoo