As per Atma Nirbhar Bharat Abhiyan global tenders will be disallowed for tenders up to ----- ?
A. Rs. 1000 crore
B. Rs. 100 crore
C. Rs. 200 crore
D. Rs. 500 crore
Answer:C
As per Atma Nirbhar Bharat Abhiyan global tenders will be disallowed for tenders up to ----- ?
A. Rs. 1000 crore B. Rs. 100 crore C. Rs. 200 crore D. Rs. 500 crore
Explanation: Finance Minister Nirmala Sitharaman on 13th May made several key announcements, laying out the specifics of the Rs. 20-lakh-crore stimulus package announced by PM Narendra Modi. This included Rs. lakh crores collateral-free automatic loans for businesses, particularly MSMEs. The collateral-free loan will be provided to SMEs with a 12-month moratorium and will benefit 45 lakh units. For stressed MSMEs, the government will provision Rs. 20,000 crore subordinate debt for equity support, benefiting 2 lakh MSMEs. Also for govt procurement, global tenders will be disallowed for tenders up to Rs. 200 crore.