E-tendering to save Rs 5,000 cr annually for Yogi govt

The process has now become mandatory for contracts above the value of Rs 1 lakh

The Yogi Adityanath government is looking at saving almost Rs 5,000 crore annually in expenditure through e-tendering of contracts, which becomes mandatory in government departments and public utilities from Friday.

While, the process of e-tendering was first introduced in Uttar Pradesh on February 1, 2008 as a pilot project and was adopted by various departments during the intermediate time, the process has now become mandatory for contracts above the value of Rs one lakh.

However, contracts pertaining to kshetra panchayats and gram sabhas have for the time being exempted from e-tendering owing to the lack of necessary administrative