From The Economic Times · Twesh Mishra · · 40s
Railways bans brand-specific tenders to prevent monopolies
Indian Railways stops brand-linked tenders to ensure fair procurement.
In brief
Indian Railways stops brand-linked tenders to ensure fair procurement. Indian Railways prohibits brand-specific references in tenders to prevent monopolistic practices in railway procurement. Originally reported by The Economic Times.
Railway Board directive
Railway Board requires tender documents to avoid brand-specific references and restrict procurement to Bureau of Indian Standards products where available.
Procurement scale
Railways procured goods worth ₹75,793 crore in 2023-24, with 73% handled through decentralised zonal systems.
Procurement impact
Railways will spend ₹2.81 lakh crore from gross budgetary support in 2026-27, with ₹12,000 crore for investment from extra-budgetary resources.
What to remember
Indian Railways prohibits brand-specific references in tenders to prevent monopolistic practices in railway procurement.