<h1>Cabinet Approves 'Make in India' Policy to Boost Domestic Manufacturing and Employment in Government Procurements Over Rs. 50 Lakhs.</h1> The Union Cabinet, led by the Prime Minister, approved a policy to prioritize 'Make in India' in government procurements. This policy aims to boost domestic manufacturing, create employment, and enhance local content in government purchases. Local suppliers, defined by a minimum local content threshold, will receive preference. For procurements over Rs. 50 lakhs, local suppliers within 20% of the lowest bid can match it. The policy covers government entities and requires non-restrictive tender specifications. It includes self-certification for local content with penalties for false declarations. A Standing Committee will oversee the policy's implementation, balancing domestic promotion with procurement efficiency.