Information and Broadcasting Ministry Secretary Apurva Chandra on Wednesday released a policy of Prasar Bharati for procurement of materials, services, and work of the specified quality at the "most competitive prices" in a fair, just, and transparent manner.
The ministry said there was a need to bring in "a uniform and well-documented" policy guideline and processes in place to ensure that critical works are completed on time in a well-coordinated manner with the fewest cost overruns possible.
"In the spirit of ease of doing business at Prasar Bharati, for the first time a procurement policy was released by the I&B Secretary Apurva Chandra in the presence of Prasar Bharati Member (Finance) DPS Negi, Additional Secretary Neerja Sekhar and other officials," the ministry said in a statement.