LOWEST COST OR ‘L1’ WILL NO LONGER BE THE DEFAULT WAY TO SELECT CONTRACTORS FOR GOVERNMENT PROJECTS

New Delhi: Just before Diwali week, the Narendra Modi government announced significant reforms in its public procurement policy, which went largely unnoticed. Prime Minister Narendra Modi, who was criticized by even his supporters and sympathizers before 2019 for being slow on economic reforms or doing tinkering here and there, seems to have put his foot on the accelerator in his second term…….

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