The Technical Cell of the Institute of Cost Accountants of India (ICMAI) is seeking public feedback on its Exposure Draft of Guidance Notes. This draft aims to clarify provisions related to the 'Make in India' initiative, specifically concerning local content requirements and purchase preferences in public procurement. Stakeholders are encouraged to submit their suggestions by 31st December 2020.
The Technical Cell of the Institute of Cost Accountants of India is invitingsuggestions on the Exposure Draft of Guidance Notes latest by 31st December 2020. Read the official announcement below:
Technical Cell (2020-21)
Request for Comments
As part of the Government of Indias initiative Make in India, the Department of Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India has introduced multiple new initiatives. To encourage Make in In
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FAQ :
The Technical Cell of the Institute of Cost Accountants of India (ICMAI) is inviting suggestions.
The deadline for submitting suggestions is 31st December 2020.
The Guidance Note is intended to enhance understanding of the 'Make in India' initiative, particularly regarding local content requirements and purchase preferences in public procurement, and to assist in providing certifications for local content.
The Guidance Note relates to the Government of India's 'Make in India' initiative, specifically the Public Procurement (Preference to Make in India), Order 2017.
Suggestions should be submitted via email to technicalcell@icmai.in.
The Exposure Draft contains information on local/indigenous content in manufacturing/production and supply of goods and services, and includes formats for local content computations and certifications.