menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Business News

>

Centre eas...
source image

HinduBusinessLine

1d

read

65

img
dot

Image Credit: HinduBusinessLine

Centre eases rules for buying scientific equipment, consumables by R&D institutes

  • The Centre has eased rules for buying scientific equipment and consumables by R&D institutes to encourage innovation and research growth.
  • Previously, equipment under ₹200 crore had to be procured only through the GeM portal and from local producers.
  • Many scientists faced challenges as high-end research equipment was not available on the GeM portal.
  • The changes in the General Financial Rules (GFR) aim to remove bottlenecks in conventional procurement.
  • Science and Technology Minister Jitendra Singh emphasized the need for global benchmarks to support India's global role in research.
  • Amendments now allow VCs and directors to purchase equipment up to ₹2 lakh without quotations and increase purchase committee limits to ₹25 lakh.
  • Financial limits for tender enquiries have been raised, allowing non-GeM procurement of scientific equipment and consumables.
  • Competent authorities can approve global tender enquiries of up to ₹200 crore for research equipment and consumables.
  • The amended rules apply to departments like science and technology, biotechnology, space, health research, and more.
  • Institutions like ICMR, DRDO, ICAR, and educational/research institutes under various ministries will benefit from the changes.

Read Full Article

like

3 Likes

For uninterrupted reading, download the app