E-procurement in Kerala2012-08-02
'All Public Sector Undertakings (PSUs) under the Department of Industries in Kerala have migrated to the e-procurement and online tendering platform (etenders.kerala.gov.in) of the National Informatics Centre (NIC) from August 01, 2012. In the first phase, tenders above Rs.25 lakhs will be done only through e-tendering and the next phase would see the introduction of e-payment.
'Launching the system, Industries Minister Shri P K Kunhalikutty said, "The new process would increase performance of PSUs and their transparency while making them more accountable. The introduction of e-procurement and online tendering will also increase the profitability of the State owned Enterprises as this will lower the purchase price".'
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