In a statement released by the Ministry of Finance, the govt highlighted restrictions on Public Procurement from certain countries
"The Government of India today amended the General Financial Rules 2017 to enable the imposition of restrictions on bidders from countries which share a land border with Indian grounds of defence of India, or matters directly or indirectly related thereto including national security. The Department of Expenditure has, under the said Rules, issued a detailed Order on public procurement to strengthen the defence of India and national security," read the statement released by the Ministry of Finance.
The new Order seems to also barr all type of procurement / business / direct purchase from China / Pakistan.
If the above is true than I am the most Happiest person.
Can anybody confirm whether I am Right or Wrong???
Procurement of what?