The government on Friday relaxed procurement norms related to experience and turnover for micro, small and medium start-ups with a view to enable these ventures to be part of its public procurement.
From April, all PSUs, central government ministries and departments have been directed to procure at least 20 per cent of products and services required by them from micro and small enterprises.
“If the MSMEs can deliver the goods and services as per prescribed technical and quality specifications, the norms on prior experience and prior turnover will be relaxed for them,” the MSME Ministry said.