The process of purchasing goods, services or works from the private sector by the public sector (Government or state owned bodies) is known as Public procurement.
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Its also a basic, vital part of democratic governance, poverty reduction and sustainable development.
The scale of public spending grows as the economy expands, and public procurement is one of the most important activity in government operations.
Public procurement will also affect many fields and change the nation’s way of doing things.
Rajveer Thakur
The process of purchasing goods, services or works from the private sector by the public sector (Government or state owned bodies) is known as Public procurement.
More about Public Procurement: