New Delhi, August 25
The Centre has sought to tighten the screws on Chinese imports by releasing a registration format for bidders, which features a provision for safety clearance from nations sharing a land border with India for his or her participation within the authorities’s procurement course of. The registration format will likely be an annual affair and is topic to sure phrases and circumstances.
The bidders will likely be required to submit an software for safety clearance. The registration will likely be legitimate for a 12 months, however it is going to be cancelled in case of appointment of recent administrators. The format additionally seeks particulars of useful possession, producer, merchandise, monetary particulars for final 5 years and particulars of contracts acquired in final 5 years in India. — TNS