Amendment To General Financial Rules

  • 03 Jul 2020

  • Government has notified amendments to General Financial Rules (GFR), 2017 to ensure that goods and services valued less than 200 crore rupees are being procured from domestic firms.
  • Henceforth global tenders will be disallowed in government procurement up to 200 crore rupees, as announced in the Aatmanirbhar Bharat Package. It is a big boost to domestic suppliers especially MSMEs.