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.

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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.

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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.
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