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Govt fixes minimum percentage of local content in 55 chemical, pesticides

According to the new norm, the minimum local content has been fixed at 60 per cent for 2020-21, 70 per cent for 2021-23 and 80 per cent during 2023-25, an official statement said

A farmer sprays a mixture of fertilizer and pesticide onto his wheat crop on the outskirts of Ahmedabad
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A farmer sprays a mixture of fertilizer and pesticide onto his wheat crop on the outskirts of Ahmedabad.

BS Web TeamAgencies New Delhi
The Ministry of Chemicals and Fertilisers on Tuesday fixed the minimum percentage of local content in public procurement of 55 chemical and pesticide products as part of the government's effort to boost domestic manufacturing and the Make-in-India programme.

According to the new norm, the minimum local content has been fixed at 60 per cent for 2020-21, 70 per cent for 2021-23 and 80 per cent during 2023-25, an official statement said.

The Department of Promotion of Industry and Internal Trade (DPIIT) had revised the Public Procurement (Preference to Make in India) Order, 2017, to encourage Make in India and to