Procurement boost: Centre doubles cap for direct scientific purchases; researchers get more autonomy

The Centre has increased financial thresholds for scientific equipment procurement by research institutions, as per revised General Financial Rules. Vice-chancellors and directors can now directly procure instruments up to Rs 2 lakh, while purchase committees can approve up to Rs 25 lakh. Senior authorities can also approve global tenders up to Rs 200 crore, streamlining processes and fostering innovation.

More From Author

Procurement boost: Centre doubles cap for direct scientific purchases; researchers get more autonomy

Muhammad Waseem named ICC Men’s Player of the Month

Leave a Reply