In a bid to ride on sudden spurt in Khadi’s popularity, the Government is working for technological and financial upgradation of Khadi industry. “To modernize Khadi sector in country, Khadi & Village Industries Commission (KVIC) has set up interfaces with leading technological institute…
Kalraj Mishra invited Chinese companies for technological collaboration with Indian SMEs
There are long pending demands from MSME sector like overhauling of import laws, high anti-dumping duty on import of certain goods, implementing schemes which fuel the export of MSMEs etc. All theses demand are aimed at checking the entry of cheap products from China, Vietnam and Bangladesh, dama…
Uttar Pradesh is biggest beneficiary of PMEGP Scheme
MSMEs are playing a vital role in generating employment in the country. This sector provides employment to more than 6 crore people. But what’s more, this sector also gives chance to unskilled person to earn their bread and butter. Most unorganized sector of this country generates maximum employ…
Why SMEs co-operation between India & UK is need of the hour?
Great Britain’s Prime Minister Theresa May’s much hyped 3 day visit to India is likely to be most watched for SMEs from both sides. As expected, India and the UK inked two MoUs on increasing cooperation in fields of intellectual property rights (IPRs) and ease of doing business. The priority ini…
Bihar registers max MSMEs under UAM, says Kalraj Mishra
Despite being labelled most backward state in the country, Bihar has the maximum number of MSMEs in the country. This fact was revealed by MSME Minister Kalraj Mishra in Lok Sabha on July 25. Replying to a question of Om Prakash Yadav, BJP MP from Siwan, Bihar, Mishra revealed that the number of …
Hindi Chini bhai bhai for Indian handloom
Small things are often more beautiful and sensitive than big things. Our handicraft being a prime example. Crafted with love, care and emotion it represents our culture as well. This love and culture, now, is spreading across world as Indian handicraft market is growing by the day, thanks to bett…
Govt tries to assuage MSMEs fear on GST
With one nation one tax jibe, government is keen to implement the Goods and Services Taxes (GST) from next financial year but to make it acceptable for every sector is the most difficult challenge. GST Council meet, which is being held from October 18-20 to discuss tax rate, has also proposed a …
World is waiting for us, we are not small anymore: PM at National MSME Awards
Small is turning big! It was evident when Prime Minister Narendra Modi gave away National MSME Awards to 227 industrialists from across the country in Ludhiana, on 18 October. Modi also launched the two most awaited schemes, National SC/ST hub and Zero Defect Zero Effect (ZED). Earlier, Modi reac…
NSIC reduced the interest rates & registration fees for Micro Enterprises
National Small Industries Corporation (NSIC) announced reduction in fees and single point registration for MSMEs to mark Gandhi Jayanti this year. “In credit support for Raw material, NSIC is offering reduction in the rate of interest for Micro Enterprises, ranging from 10.50 percent p.a. to 11.5…
Single window system for MSMEs in Uttar Pradesh
Uttar Pradesh Government has approved the single window clearance system for all the MSME units in the state. Nitin Agarwal , Minister for MSME & Export Promotion, Government of Uttar Pradesh confirmed the news while thanking Chief Minister, Akhilesh Yadav on social media. Interesting…