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India is emerging as the third largest economy in the world. Government procurement in the country represents a significant portion of its spending (estimated to be about 25 to 30 percent of GDP) and is a key determinant of budget execution outruns. Therefore, Public Procurement as an area of intervention is of great importance. Public Procurement by definition is the process of purchase of goods, works/construction and services by governments or public entities to fulfill the needs of the public authoritie

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