STARTUPS WILL BE ABLE TO GET WORKS UP TO Rs 25 LAKH WITHOUT TENDER

Jaipur: Important decisions are being taken by the state government to promote startups. In the same order, now the state government has increased the limit of purchase without tender for startups from Rs 15 lakh to Rs 25 lakh. Chief Minister Ashok Gehlot has approved the proposal to amend the Rajasthan Transparency in Public Procurement (RTPP) Rules 2013 to encourage startups.

In the Rajasthan Startup Policy, 2022, the number of work orders given to startups in a financial year has been increased to a maximum of 6. Apart from this, startups of women, specially abled, transgender, scheduled castes and tribes will be able to get an additional work order. Till now startups used to get maximum 3 work orders only.

It is noteworthy that in the budget of the year 2023-24, the Chief Minister had announced to increase the limit of procurement without tender from startups to Rs 25 lakh, in the implementation of which this approval has been given.