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Narendra Modi

Narendra Damodardas Modi (born 17 September 1950) is an Indian politician serving as the 14th and current Prime Minister of India since 2014. He was the Chief Minister of Gujarat from 2001 to 2014 and is the Member of Parliament for Varanasi. Modi is a member of the Bharatiya Janata Party (BJP) and of the Rashtriya Swayamsevak Sangh (RSS), a Hindu nationalist volunteer organisation. He is the first prime minister outside of the Indian National Congress to win two consecutive terms with a full majority and the second to complete five years in office after Atal Bihari Vajpayee.

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India on Wednesday banned global tenders for government procurements worth up to ₹200 crore. This was in line with Prime Minister Narendra Modi’s clarion call a day earlier to be “vocal about local", and was part of the first tranche of special measures announced by Finance Minister Nirmala Sitharaman in the country’s effort to mitigate the impact of covid-19 on the economy.

A ban on small global tenders should help India’s small suppliers, the focus of Wednesday’s sub-package. These companies have been exposed to competition from foreign entities that were not necessarily more productive or efficient, but aided and subsidized by their governments—such as China’s.

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