Government Contracts
Latest news, explainers and analysis on Government Contracts. Tracking 2 stories on Arth Vani.
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Latest on Government Contracts
Govt Shifts Contract Pricing from WPI to PPI
The Finance Ministry has directed government departments to use the Producer Price Index (PPI) instead of the Wholesale Price Index (WPI) for future contracts. This change aligns with international standards and follows the recent release of monthly PPI data.
Puerto Rico Regulator May Cancel ₹489.7 Billion Power Deal Over Fraud Allegations
Puerto Rico's financial regulator is considering revoking a massive ₹489.7 billion (US$5.9 billion) emergency power contract after a bidder alleged its company's name and signature were used without authorization. The potential cancellation highlights serious concerns about fraud and regulatory oversight in large public contracts.
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