Big boost for SMEs expected after Budget
Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2010-02-06

Big boost for SMEs expected after Budget

New norms with respect to awarding government with Information Technology (IT) contracts are likely to come after budget and if IT ministry has its way, the monopoly of larger IT companies to serve go

Big boost for SMEs expected after Budget

New norms with respect to awarding government with Information Technology (IT) contracts are likely to come after budget and if IT ministry has its way, the monopoly of larger IT companies to serve government’s IT projects could come to an end as the new IT norms seek to  motivate the small and medium enterprises (SMEs)

Shankar Aggarwal, the Joint Secretary in the ministry of IT said that the ministry is planning to introduce a condition in their RFP (Request for proposal) that whoever gets a contract has to get at least 20 per cent of his goods procured from the SME sector and will have to submit a certificate confirming the same.

Related opportunities
  • Department & Convenience Stores
    About Us: AMPM Convenience Stores are India’s organised retail chain in..
    Locations looking for expansion Haryana
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Karnal Haryana
  • About Us: The Bombay Sultani Biryani House, started in the year..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Kitchen Appliances / Cookware
    About Us: Sunblaze, a brand corresponding with the supremacy and credibility..
    Locations looking for expansion Haryana
    Establishment year 1992
    Franchising Launch Date 2020
    Investment size Rs. 2lac - 5lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Laundry & Dry Cleaning
    About Us: INSTAWASH Laundry uses IPSO Machines, which are the best..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
ads ads ads ads