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State of Bihar - Section

Section 1 in Store Purchase Preference Policy, 2002

1.

Whereas industry in general, and the cottage and the small industry in particular contribute significantly to the National and State economies by providing enormous employment opportunities to the people, both the Central and State Govt, have adopted policies to promote and nurture them, hence.on the pattern of the National and other State Government, the Govt, of Bihar too, as early as in July, 1956, decided and directed all State controlled bodies to accord priority and price preference in Govt, purchases of stores manufactured by the cottage and small industries located within the State. Certain directions were issued by the Department of Industries, Govt, of Bihar vide Resolution Nos. 726 and 7285 dated 30 July, 1956 and 6 June, 1984 respectively regarding such priority and price preference. The experience assimilated over the decades reveals that the relevant directions of the existing "Stores Purchase Preference Rules" need to be modified to make them more effective so that the desired objective can be achieved. The State Govt, has also decided to extend priority/price preference to stores produced by the medium/large industries of the State vis-a-vis the products of industries located outside the State.