This ministry is leading public procurement from MSEs in FY23 and it’s not MSME, Defence or IT ministry

Ease of Doing Business for MSMEs: With the first half of the current financial year nearing its end this month, a number of central ministries have already procured goods worth crores from micro and small enterprises (MSEs) already. According to the government data, the highest procurement in terms of the value of goods was made by the Ministry of Petroleum and Natural Gas worth Rs 7,332 crore so far since April. Among the top three public sector unit (PSU) buyers under the petroleum ministry were Indian Oil Corporation (Rs 3,652 crore worth procurement from MSEs), Hindustan Petroleum (Rs 1,309 crore), and Oil and Natural Gas Corporation (Rs 485 crore).