In FY25, central public sector enterprises (CPSEs) procured goods and services worth Rs 77,525 crore, up 3.7% from Rs 74,728 crore in FY24.
- MSE Procurement Share:
- Although the absolute procurement from MSEs saw a marginal increase, its share in the total government procurement slightly dropped from 43.7% in FY24 to 42.5% in FY25.
- Importantly, this share remains well above the mandatory annual minimum target of 25%.
Policy Targets and Sub-Targets
- Overall Procurement Target:
- The Public Procurement Policy for MSEs mandates that at least 25% of total annual government purchases should be sourced from products or services provided by MSEs.
- Focused Sub-Targets:
- There is a specific goal to have 4% procurement from MSEs owned by SC/ST entrepreneurs.
- Additionally, 3% of procurement is targeted from MSEs owned by women entrepreneurs.
(Source: FE)