Atmanirbhar Bharat | Centre modifies norms to give preference to local companies for contracts

As per earlier norms, government contracts below Rs 50 lakh were reserved exclusively for bidders which had more than 50 percent local content. Moreover, there was no classification of suppliers to government companies

from Moneycontrol Economy News https://www.moneycontrol.com/news/economy/atmanirbhar-bharat-|-centre-modifies-norms-to-give-preference-to-local-companies-for-contracts_13873241.html