Indian Institute of Materials Management (IIMM) organized seminar on “Emerging Trends in Public Procurement” at Hotel ‘The Park’, New Delhi. IIMM is a premier professional body recognized by Govt. of India in the field of Supply Chain Management


New Delhi : The value of public procurement in India accounts for approx. 15-20% of GDP. Further, government’s push towards upgrading existing infrastructure coupled with scale and magnitude of govt. projects has also resulted in an increased number of procurement opportunities as is evident from “Digital India and Make in India” initiatives, which aims for greater participation in Public Procurement activities from domestic industries with improved connectivity, local design and manufacturing.

Public Procurement not only fulfills the government’s obligation towards society for providing better infrastructure & better standard of living but it also helps in boosting the domestic industries by creating a bridge of trust and opportunities among the suppliers and the industry so that everybody is free to participate in equitable and transparent manner.

Sh. Ram Prakash, Addl. Member, Railway Board and Chief Guest, threw light on importance of public procurement, role of Make in India program and use of technology like GeM in public procurement and changing face of public procurement in India. He mentioned that efficient and transparent public procurement can act as an engine of growth in country.

Sh. Rohit Saxena, Director of PWC highlighted various spend trends, new technologies, speed of procurement, quality and payment issues in public procurement.

Sh. H K Sharma, National President, IIMM, elaborated on legislative trends, executive order trends, technology trends and legal trends and other trends in public procurement and on basic principles of public procurement and on importance importance of training in public procurement.

Sh. Manoj Kumar, Dy CEO of Government e Marketplace (GeM) highlighted ease of doing public procurement on GeM and opportunities to sellers on GeM. He mentioned about purchase of goods and services worth more than 1 lakh crore on GeM.

Rear Admiral Pradeep Joshi (Retd.) highlighted the present trends in Defence procurement and role of indigenization in defence procurement. Sh. Ashok Kumar, Chief Technical Examiner from CVC, highlighted about common irregularities in public procurement and the importance of transparency in procurement.

Dr. Mrs. Ishita Tripathi, Addl. DC, Ministry of MSME, elaborated on the role of MSMEs in nation building and latest public policy of procurement from MSMEs. Sh. Rajesh Gupta, DDG from DPIIT discussed the Govt. policy on preference to Make in India and Govt. thrust in Procurement of indigenous goods. Sh. Rattan Singh, senior advocate highlighted the role of faster dispute resolution in public procurement and in improving the confidence of business entities in doing business with Govt. entities.

Participants highly appreciated the content of seminar and requested chairman seminar, Sh. Nandakumar and IIMM Delhi Branch to organize more such programs on Public Procurement. Shri Sanjay Shukla, Delhi Branch Chairman assured to organize more such programs on Public Procurement and Supply Chain Management.