Railways Ministry has taken an important decision to ease procurement norms and improve ease of doing business. A vendor, approved for an item by any of the Vendor Approving Agency of Indian Railways shall be considered as Approved vendor by all Railway Units for that particular item.
Previously vendor approved at one establishment was not automatically eligible to be considered for procurement at other establishments and they had to apply for approval at multiple establishments to get considered.
The Ministry said, this decision will impact vendors favorably as it will save time and do away the need of approaching multiple vendor approving agencies. This will also promote better utilization of manufacturing capacity of Industry in the country.
