FCIK Urges Authorities to Revise Public Procurement Coverage for MSMEs in JK

FCIK Urges Authorities to Revise Public Procurement Coverage for MSMEs in JK


SRINAGAR: The Federation of Chambers of Industries Kashmir (FCIK) has urged the federal government to launch a revised Public Procurement Coverage on the earliest to save lots of hundreds of MSMEs from extinction.

In an announcement, FCIK conveyed that the fixed modifications within the Public Procurement Coverage and different market dynamics have had a profound influence on the functioning and competitiveness of the MSMEs, leading to a lot of industrial models touchdown in stress or closure.

FCIK just lately submitted a complete memorandum to the Chief Secretary with robust advocacy for the revival of selling help prolonged by the federal government, essential for the very survival of models counting on shares from public procurements.

FCIK regretted that whereas implementing the nationwide coverage of procurement by means of the GeM portal, the authorities did not assess and analyze the influence of the modified coverage on native business working in a troublesome and landlocked place.

Of their memorandum and subsequent notes submitted to the federal government, FCIK has underscored the dire want for constructing the J&Okay Advertising Help Community by means of bodily and digital means by coordinating the efforts and aspirations of the federal government and stakeholders.

Whereas advocating for the revival and strengthening of J&Okay Small Scale Industries Growth Company Restricted (SICOP) as an Apex group for coordination of selling help programmes within the Union Territory for constructing MSMEs’ competencies and advertising competitiveness, FCIK has urged an applicable and foolproof system within the company with extra duty and accountability.

Taking a cue from 358 industrial items reserved by GOI for procurement solely from Micro and Small Enterprises, FCIK urged that the UT authorities wanted to border its personal listing of things wanted underneath public procurement and manufactured by native enterprises.

“The listing of 23 objects recognized earlier and reserved for procurement by means of SICOP be included within the recent listing additionally,” suggests FCIK additional.

FCIK has additionally demanded the segregation of commercial items from works contracts, Flip-key tasks, and composite intent, for unique procurement from MSMEs and urged the revival of departmental shops for procurement and provide of licensed high quality industrial items to the contractors.

“However the notification issued by the Authorities of Jammu and Kashmir for the reservation of 25% of commercial items required underneath Public Procurement coverage for unique procurement from MSMEs, the orders weren’t adopted in letter and spirit,” regretted FCIK.

FCIK urged the willpower of cheap and aggressive charges and a mechanism for the distribution of orders by SICOP. On this regard, FCIK has urged the formation of consortia of MSMEs in the identical line of exercise and push competitors amongst these.

“Whereas the bottom tenderer may very well be given a share as much as 20% from a selected order, the remainder of it may very well be distributed amongst consortia members in accordance with their manufacturing capacities,” suggests FCIK.

FCIK has additionally underscored the necessity for different actions referring to advertising to be taken up by SICOP for the expansion and upgradation of MSMEs in J&Okay.

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