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Railway scraps tender for 44 trains because of China link

NE NOW NEWS by NE NOW NEWS
, August 22, 2020 4:47 pm
Railway scraps tender for 44 trains because of China link
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The Indian railways has scrapped the tender for manufacturing of 44 sets of semi-high speed train set.

A company with Chinese partner had put a bid for these trains.

The Railway ministry on Friday said a fresh tender will be floated within a week as per Revised Public Procurement (Preference to Make in India) Order.

The latest ‘public procurement’ order gives preference to local suppliers, TOI reported.

It has introduced a concept of Class-I, II and non-local suppliers, based on which they will get preference in government purchases of goods and services.

Class-I local suppliers will get the most preference in all government purchases because their domestic value addition is 50% or more.

They will be followed by Class-II suppliers, whose value addition range is more than 20% cent but less than 50%.

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Northeast Now is a multi-app based hyper-regional bilingual news portal. Led by a group of professionals, the digital news platform covers every inch of the eight states of northeast India and the five neighbouring countries. It is the first of its kind new media initiative in the northeast, and is based in Guwahati. As the political dynamics in the northeast is intricate and fluid, Northeast Now is always politically neutral.

 
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