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Business News/ Industry / Govt seeks WB loan for e-procurement
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Govt seeks WB loan for e-procurement

Govt seeks WB loan for e-procurement

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PTI

New Delhi: India is seeking a World Bank loan to implement an e-governance project for electronically processing all the government purchases.

The e-Government Procurement (e-GP) project is being coordinated by National Institute of Smart Government (NISG) on behalf of the Department of Commerce.

Work on e-GP, which is part of the National e-Governance Plan Support Project (e-Bharat), has already begun and the Hyderabad-based NISG has started the search for a consultant, sources said.

The consultant is required to make a detailed project report. As a pilot project work will initially be startedin a few states. The DPR will identify issues related to policies, technology solutions and platforms besides undertaking data security and services.

Since the loan is being sought from International Bank for Reconstruction and Development, the project will be implemented strictly as per the World Bank guidelines.

Government wants to enhance performance of its system for procurement of goods, works and services. The government, being the largest spender in the economy, wants to tone up its procurement system and prevent leakages at different levels, sources added.

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Published: 20 Jun 2007, 03:19 PM IST
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