Embassy's Weekly e-Bulletin on Key Policy Decisions and High Impact News

Welcome to the April 14, 2017 bulletin of key policy decisions and high-impact news, presented by the Embassy of India, Washington DC.

                                 KEY POLICY DECISIONS
                                

Govt. Launches Plan to Double Farmers' Income, Reduce Food Waste

The Government will soon launch an umbrella program, "SAMPADA," for the food processing sector, with a $900 million outlay, as an integrated scheme aimed at reducing food waste and doubling farmers' income.

Govt. Approves 'E-Marketplace Govt. Procurement

The Government has given its approval for a Special Purpose Vehicle to be called Government e-Marketplace (GeM SPV) as the National Public Procurement Portal, for providing procurement of goods and services required by Central and State Government organizations. GeM SPV will provide an end-to-end online Marketplace for Central and State Government Ministries, Departments and other bodies.

India Railways to Digitize Supply Chains

Indian Railways will digitize its entire supply chain across all zones. The step is aimed at improving transparency and the ease of doing business. With 100 percent E-tenders and E-auctions already assimilated into the system, Railways are planning to build on these initiatives to streamline the flow of material, finances and information.

Govt. OKs Foundation of Indian Institute of Petroleum and Energy