Lucknow, Sept. 7 -- The Uttar Pradesh government is preparing a comprehensive policy to expand market access for startups by promoting the procurement of their products and services by government departments.

Under the proposed policy, departments will be allowed to procure products, services and equipment directly from startups registered on the StartinUP portal, with the government planning amendments to its existing procurement framework.

Direct Procurement Up To Rs 50 Lakh

Government departments may be permitted to directly purchase products and services worth up to Rs 50 lakh from registered startups without inviting tenders.

At present, departments can make purchases of up to Rs 25,000 without a tender, while purchases up to Rs ...