Wednesday, 2 October 2019

Startups have it easy for defence deals up to Rs 150 cr

SOURCE: ET The government has notified special exceptions in its defence procurement policy to promote startups and will encourage them to bid for contracts valued less than Rs 150 crore without the burden of providing financial credentials. The Rajnath Singh-led defence ministry has stipulated that for these relatively small contracts, startups will be encouraged if […]

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