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Share your views on Public Procurement Bill

Share your views on Public Procurement Bill
Start Date :
Mar 30, 2015
Last Date :
Apr 21, 2015
00:00 AM IST (GMT +5.30 Hrs)
Submission Closed

The Public Procurement Bill, 2012 was introduced in last Lok Sabha and was referred to the Parliamentary Standing Committee on Finance by the Hon’ble Speaker on May, 2012. No ...

The Public Procurement Bill, 2012 was introduced in last Lok Sabha and was referred to the Parliamentary Standing Committee on Finance by the Hon’ble Speaker on May, 2012. No report was given by the Standing Committee and the Bill has since lapsed.

Finance Minister in his Budget Speech, 2015 announced (para 72) that the Parliament needs to take a view soon on the Public Procurement Law.

It has been decided to initiate stakeholders’ consultation to take the matter forward. A copy of the Public Procurement Bill, 2012 is available on the website of Ministry of Finance and can be accessed at the following link: http://finmin.nic.in/the_ministry/dept_expenditure/ppcell/58_2012_LS_EN.pdf

All stakeholders are requested to review the existing provisions of the Public Procurement Bill and give their comments.

The last date for submission of your comments is 20th April, 2015.

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Showing 327 Submission(s)
shivang dixit
shivang dixit 11 years 1 month ago
The most common type of flexible spending account, the medical expense FSA (also medical FSA or health FSA), is similar to a health savings account (HSA) or a health reimbursement account (HRA). However, while HSAs and HRAs are almost exclusively used as components of a consumer-driven health care plan, medical FSAs are commonly offered with more traditional health plans as well. In addition, funds in a HSA are not lost when the plan year is over, unlike funds in an FSA.
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shivang dixit
shivang dixit 11 years 1 month ago
Medicare Prescription Drug, Improvement, and Modernization Act[1] (also called the Medicare Modernization Act or MMA) is a federal law of the United States, enacted in 2003
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shivang dixit
shivang dixit 11 years 1 month ago
Once the plan deductible is met in a given year, the HDHP will pay any remaining covered medical expenses in that year. If there are funds remaining in the MSA at the end of the year, the funds can either roll over for the following year or can be withdrawn as taxable income.
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shivang dixit
shivang dixit 11 years 1 month ago
Medical savings account is remaining in your all schemes Medical savings account means : a medical savings account (MSA) refers to a medical savings account program, generally associated with self-employed individuals, in which tax-deferred deposits can be made for medical expenses. Withdrawals from the MSA are tax-free if used to pay for qualified medical expenses. The MSA must be coupled with a high-deductible health plan (HDHP). Withdrawals from MSA go toward paying the deductible expenses
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Gaurang Pathak
Gaurang Pathak 11 years 1 month ago
In government we usually see the lack of check and balances, so In my opinion until we create a proper mechanism with decentralisation of information we won't find success.The solution can be found via technology. the every step and details which are not against national interest, should be declared on website with full details and live track record.Also, the responsibility and liability must be fixed and the guilty must be punished for non-performance.The time-bound actions should be mandatory.
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Gaurang Pathak
Gaurang Pathak 11 years 1 month ago
there must be a act or law for those who (government officer under IAS, IAS or on permanent post in gov. enterprise) are taking/demanding money. the money which is demanded by them should be taxable and should be transfer directly to there accounts. there must be a relaxation for vendor in terms of tax who is paying the demanded money. In short the under table commission should be made publically.
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Gaurang Pathak
Gaurang Pathak 11 years 1 month ago
Once the purchase order is issued and finalized, the certain purchase details like date of PO, item purchased, its complete specs/make/model,its quantity, rate and other price terms etc. other than the name of the supplier and the name of the purchaser be recorded in national procurement data base and are made available to all public Procurement managers for comparison/guidance.
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Gaurang Pathak
Gaurang Pathak 11 years 1 month ago
vRecommendation for land acquisition Bill: We have to found out the maximum income from that land and give an amount as compensation whose interest from Govt. Bank for ten years Monthly income scheme should be equal.Every farmer should declare his earning from land by himself only, which will be verified by income tax.I think this may solve the problem otherwise land mafia like Robert Bhadra will be benefited from this protest as they will sell their land latter to govt. or Industrialist .
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