{"id":103291,"date":"2020-10-26T06:20:40","date_gmt":"2020-10-26T06:20:40","guid":{"rendered":"https:\/\/www.edristi.in\/?p=103291"},"modified":"2020-10-26T06:20:43","modified_gmt":"2020-10-26T06:20:43","slug":"drdo-procurement-manual-2020","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/drdo-procurement-manual-2020\/","title":{"rendered":"DRDO Procurement Manual 2020"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Question: Consider the following statements:<br>(1) Rajnath Singh released a new version of Defence Research and Development Organisation (DRDO) Procurement Manual 2020.<br>(2) DRDO was formed in 1958.<br>Of the above correct statement\/s is\/are:<\/strong><br>(a) Only 1<br>(b) Only 2<br>(c) Both 1&amp;2<br>(d) None of the above<br><strong>Answer: (c)<br>Related facts:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>On 20th October 2020,Defence Minister Rajnath Singh released a new version of Defence Research and Development Organisation (DRDO) Procurement Manual 2020 (PM-2020).<\/li><li>The manual is in line with \u2018Atmanirbhar Bharat\u2019 Abhiyan.<\/li><li>The manual encourages more participation of Indian industry, including Start-ups and Micro, Small &amp; Medium Enterprises (MSMEs) in Defence Research &amp; Development (R&amp;D).<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Key Amendments:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Bid security declaration option for earnest money deposit, increase of threshold limit for advance payment, placement of order on lowest bidder 2 (L2) in case L1 backs out are some of the salient features of the new manual.<\/li><li>Some more enabling measures of PM-2020 are exemption of bid security and performance security up to Rs 10 lakh, no negotiations for commercial off-the-shelf (COTS) items\/services wherever price discovery is happening through market forces.<\/li><li>Performance security for service contracts is linked to the payment cycle instead of total contract value.<\/li><li>Procurement of stores from development partners, safeguarding of free issue material through insurance cover instead of bank guarantee (BG) are other facilitating measures adopted to help the industry.<\/li><li>The liquidated damage (LD) rate for development contracts has been reduced.<\/li><li>The delivery period (DP) extension process has been simplified for faster decision making.<\/li><\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><strong>By-Amar Mani Upadhyay<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Links:<\/strong><br><a href=\"https:\/\/www.pib.gov.in\/PressReleasePage.aspx?PRID=1666125\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.pib.gov.in\/PressReleasePage.aspx?PRID=1666125<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: Consider the following statements:(1) Rajnath Singh released a new version of Defence Research and Development Organisation (DRDO) Procurement Manual 2020.(2) DRDO was formed in 1958.Of the above correct statement\/s is\/are:(a) Only 1(b) Only 2(c) Both 1&amp;2(d) None of the aboveAnswer: (c)Related facts: On 20th October 2020,Defence Minister Rajnath Singh released a new version of [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":103292,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1123],"tags":[3067],"class_list":["post-103291","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-snes","tag-scientific"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/103291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=103291"}],"version-history":[{"count":1,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/103291\/revisions"}],"predecessor-version":[{"id":103293,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/103291\/revisions\/103293"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/103292"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=103291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=103291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=103291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}