FM Nirmala Sitharaman reviews implementation of Aatma Nirbhar Bharat Package; Borrowing limits of States increased from 3 to 5 per cent for 2020-21

Finance Minister Nirmala Sitharaman reviewed the implementation of Aatma Nirbhar Bharat Package pertaining to Ministries of Finance and Corporate Affairs.  The government has decided that Global tenders will be disallowed in Government procurement tenders up to Rs 200 crore. In the review it was decided that no Global Tender Enquiry (GTE) shall be invited for tenders upto Rs 200 crore, unless prior approval is obtained from Cabinet Secretariat.  Giving relief to contractors, it was announced tha...