In an effort to promote domestic products, the Bihar government has directed its departments and bodies to give priority to goods manufactured by local industrial units.
In a circular sent to all corporations and autonomous bodies, the Industries Department has asked them to strictly follow the state’s ‘Purchase Preference Policy-2002’ and ‘Bihar Finance (Amendment) Rules, 2005’ during government purchases.
All the departments of the state government will have to follow these instructions from the next financial year.
State Industries Minister Sameer Kumar Mahaseth told PTI, “This notification will definitely give a boost to domestic manufacturers and suppliers.” This will also increase employment opportunities and income.
He said that products manufactured by large and medium scale industries registered in Bihar would be given two percent price preference as compared to products manufactured outside the state.
He said that as far as small industries are concerned, the price preference can go up to seven percent.
Mahaseth said, “According to the provisions of the Bihar Finance (Amendment) Rules, 2005, no relaxation will be given in terms of quality and specific parameters.”
He said, “All the details including the quantity, quality and price of goods purchased from outside Bihar last year should be handed over to the government, so that efforts can be made to produce them in the state.”
Welcoming this government move, Bihar Chamber of Commerce and Industry President PK Agarwal suggested that a monitoring body should be formed to ensure proper implementation of rules and policies.
