India: Under Public Procurement Policy, SC/ ST owned Public Limited Co should have at least 51% share held by SC/ ST Entrepreneurs at any given point of time

30 Jul 19: The Public Procurement Division of DC Office of Micro, Small and Medium Enterprises (DC-MSME) has said that according to the definition of SC/ ST owned Public Limited Companies, at least 51 percent share shall be held by SC/ ST Entrepreneurs at any given point of time. In an office memorandum, DC MSME said, “In continuation to press release dated June 25, 2013, the definition of SC/ST owned Public Limited Companies, at least 51 % share shall be held by SC/ST entrepreneurs at any given point of time.”