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Transcript
00:00We are from the All Food and Drug License Holder Foundation, and we are here to talk about
00:30All Food and Drug License Holder Foundation is an association of all BMC suppliers,
00:35and there are about 150 suppliers who supply medicines to BMC on a daily basis.
00:41These suppliers have supplied a lot during COVID.
00:46They have been supplying to BMC at a time when everything was stopped,
00:51and we have gone a long way in supplying.
00:53We have always prioritized medicines in supplying.
00:57But now, for the past 4-5 years, we are worried about pending payments.
01:03Because our individual suppliers follow up for pending payments on a daily basis.
01:11And even after following up for pending payments on a daily basis, their outstandings were not being cleared.
01:16If we talk about outstanding payments, there are 3 types of outstanding payments.
01:21When there is a rate contract, there is a part of vigilance,
01:26in which 10% of the tender value is stopped.
01:30Because during the rate contract, if there is a deficiency or if there are issues related to quality,
01:37then they adjust that money in advance, so they keep that money safe with them.
01:41So by adding such money, more than 20 crores of outstanding is with our vigilance.
01:50If we talk about instrument supply, even that will be a bigger figure.
01:55And if we talk about deposits, which means EMD,
02:00the earnest money deposits that the suppliers give to BMC while filling the tender,
02:05that money is our outstanding, along with the money from our regular supplies.
02:10If we add such total money, then we have an outstanding amount of Rs. 120 crores.
02:16And our suppliers continue to follow up with BMC to get that money.
02:20But they were not able to get the money.
02:22And later our association finalized that they did not have the money to purchase.
02:29So we do not have any other way to stop the supplies.
02:34We do not have the willingness. We do not want to stop the supply.
02:37But we do not have the money to stop the supply.
02:40So we did not have any other way.
02:42That is why we have stopped the supplies from today.
02:45We had informed the BMC that we will not be able to supply.
02:48And we are stopping this from today.
02:55It has been 4 years that our vigilance money, EMD money is still remaining.
02:59And it is still in crores.
03:01You can understand that the amount of Rs. 120 crores is a very big amount.
03:05And the distributors of small suppliers and companies,
03:09who supply and their billing is directed to BMC,
03:13their money is stopped.
03:15The big companies can handle the outstanding.
03:18But the small companies and people working in small scale,
03:22if their money is stopped,
03:24they do not have money to pay their salaries.
03:27They do not have money to purchase goods.
03:29And they are suffering from this.
03:44Did BMC reply to you regarding this?
03:47Yes.
03:48The most important thing is the number of hospitals.
03:51BMC has 27 major hospitals.
03:54And we have run them.
03:56And we have been supplying all those medicines to them.
03:59Now in those 27 hospitals,
04:01the outstanding is there.
04:03If we talk about the stock,
04:05I would like to tell you,
04:07and you will be surprised to hear this,
04:09BMC has not finalized the rate contract for the last 3 years.
04:15And because the rate contract has not been finalized,
04:18today BMC is taking the willingness of local suppliers and our suppliers,
04:22to supply us with old rate contracts.
04:26So we are supplying our members with old rate contracts.
04:29So if we look at the actual,
04:31the rate contract has been valid for the last 3 years.
04:33Many rate contracts are not valid.
04:35Many schedule medicines are not valid.
04:37So the supply to BMC is going in small amounts.
04:41Because as soon as they place small orders,
04:43we supply them.
04:44So today's condition is such that,
04:46some medicines may not even have a 3-day stock.
04:48In such a situation, BMC is standing.
04:50So I can say one word,
04:52BMC's purchase policy,
04:54or procurement policy,
04:56has completely collapsed.