Home / Economy / News / Govt imposes restrictions on public procurement from China, neighbours

Govt imposes restrictions on public procurement from China, neighbours

However, it provided relaxation in case of medical supplies in light of Covid-19

Premium

And keeping in mind some other neighbouring countries, nations with which India has a line of credit or provides development assistance were also exempted

Arup Roychoudhury New Delhi

2 min read Last Updated : Jul 23 2020 | 11:54 PM IST

The Centre, late on Thursday, amended its General Financial Rules to restrict public procurement from countries which share a land border with India on grounds of national security, a move squarely aimed at China.

However, it provided relaxation in case of medical supplies in light of Covid-19. And keeping in mind some other neighbouring countries, nations with which India has a line of credit or provides development assistance were also exempted.

“The Government of India today amended the General Financial Rules 2017 to enable imposition of restrictions on bidders from countries which share a land border with India on grounds

Topics : Coronavirus Lockdown National Security public procurement policy India China tension India China border row

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in