Green Channel Facilities to Firms with a Turnover of Rs.1000 Crore

Posted: March 13, 2013 in Current affairs

IAS Preparation Online

Government has taken a decision to grant green channel status for DGS&D Rate Contracts to PSUs and firms (Indian as well as foreign) having an average turnover of Rs.1000 crore or more during the last three years and making profit in any three years of the last five years.

So far, twenty firms have been given green channel status. The area-wise details of these firms are Delhi -04; Mumbai-04; Gurgaon-05; Bangaluru-03; Ahmedabad-01; Vadodara-01; and Noida-02.

More reputed firms in international and national markets would be available on DGS&D Rate Contracts which will facilitate user departments.

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