Rajnish Optimist 146 Questions 256 Answers 237 Best Answers 1k Points View Profile Rajnish Asked: November 25, 20202020-11-25T16:32:32+05:30 2020-11-25T16:32:32+05:30In: UPSC PRELIMS What is the meaning of Public Procurement? What is the meaning of Public Procurement? economics Share Facebook 1 Answer Recent Rajveer Thakur With Love 8 Questions 6 Answers 6 Best Answers 49 Points View Profile Best Answer rajveer With Love 2020-11-29T07:44:34+05:30Added an answer on November 29, 2020 at 7:44 am 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: 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. 1 Reply Share Share Share on Facebook Share on Twitter Share on WhatsApp Leave an answerCancel replyYou must login or register to add a new answer. Related Questions Tell us about the Global Gender Gap Report 2021. Tell us about the Global Hunger Index 2020.