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Indraneel Baruah 💹 Profile picture
Indraneel Baruah 💹
@ibaruah_
Fintwit hunter
Apr 27, 2020 • 6 tweets • 4 min read
News making rounds of "145%" profit margin in price shared btw distributor & importer of Rapit Antibody Kits procurred by #ICMR . @INC IT cell jumping on the bandwagon with #BJPCoronaCorruption hashtag. This articles states facts. orissadiary.com/icmr-asks-stat… #ICMR got ONLY 4 bids(!) for the procurement @ rates ₹1,204, ₹ 1,200, ₹844 and ₹600. ICMR went with lowest (L1 tender sys) ₹600+GST by a firm called Aark Pharmaceuticals, with approval from govt. Disgraceful for the other biz too for these exuberant quotes in such pendemic.