Procuring example sentences
As a result, each country finds it advantageous to produce those select goods and services that it can produce more effectively and efficiently at home, and procuring the rest through trade with other countries which the other countries can produce at lower costs.The national economies which so far were pursuing the goal of self-reliance are now becoming increasingly dependent upon others for procuring as well as supplying various kinds of goods and services.By planning overseas expansion and procuring orders from foreign customers, they can think of making use of their surplus production capacities and also improving the profitability of their operations.Food Corporation of India (FCI) is responsible for procuring and stocking foodgrains, whereas distribution is ensured by public distribution system (PDS).The rising Minimum Support Prices (MSP) have raised the maintenance cost of procuring foodgrains by the government.Preshipment finance is the finance that the exporter needs for procuring raw materials and other components, processing and packing of goods and transportation of goods to the port of shipment.Many Indians became junior players in this trade, providing finance, procuring supplies, and shipping consignments.Small-scale industry also needs government's support for procuring raw material and marketing of output.The purchase department is responsible for procuring fabric.
Meaning in Hindi Meaning in English