Govt. vendors may use only parts, inputs from China Flashcards
1
Q
context?
A
government has placed curbs on the procurement of finished goods from China ; while allowing the use of Chinese raw material or components without prior permission.
2
Q
Rules
A
-ensured that contractors executing works and turnkey projects do not sub-contract any work to players from ‘a country sharing a land border with India’ unless the proposed sub-contractor was registered with the Indian government.
3
Q
Mechanism
A
- vendors proposing to source finished goods from Chinese suppliers will need to seek registration with the committee
- A registration committee had been set up by the Department for Promotion of Investment and Internal Trade under the Commerce and Industry Ministry to deal with such proposals.