India: Govt to scrap public procurement wing

24 Jun, 2017: After abolishing the Foreign Investment Promotion Board (FIPB), which was responsible for clearance of foreign direct investment proposals, the government is all set to scrap its public procurement wing called Directorate General of Supplies and Disposals (DGS&D).The work will now be handled by the government e-market, or GeM, platform which will be run by a private party under a government-appointed CEO.