Uttar Pradesh mandates 25% procurement from MSMEs by govt depts and PSUs

Fixes procurement sub-quota for MSMEs owned by women

To promote the micro, small and medium enterprises (MSME) sector, Uttar Pradesh has mandated 25 per cent procurement by the state government departments and public sector undertakings (PSU) from the state MSMEs.

Besides, the state government has fixed sub-quota of 3 per cent and 4 per cent for compulsory procurement from the MSME units owned by women and scheduled caste/scheduled tribe (SC/ST) entrepreneurs respectively.

Under the new UP micro and small enterprises procurement policy 2020, which was approved by the state cabinet meeting chaired by chief minister Yogi Adityanath here on Friday evening, the government has also mandated 5 per cent procurement