Government bodies are working to rejuvenate their indigenous art forms, especially textiles by tying up with e-commerce platforms as one of their major brand building exercise. Hand painted Bhagalpuri silks, traditional ikkats from Orissa, Gadwal silks from Andhra and many more such weaves would …
Strengthening of tradition SME Sector
Traditional SME sectors like textiles, footwear and metal ware, which have their own unique “local innovation systems”, need strengthening to make them more competitive, as per one of the top official of Institute of Small Enterprises and Development (ISED). According to Dr PM …
IBM successfully completes deployment of IBM Mobile First solution for SKS Microfinance
Mumbai, IBM announced earlier this week that they successfully completed deployment of IBM MobileFirst solution for SKS Microfinance Limited. SKS Microfinance Limited has partnered with IBM to transform operations from paper-based processes to a mobile solution resulting in enhanced customer ser…
Google addresses Indian SMEs towards online presence
Google India has set a target of creating online presence for 20 million small and medium enterprises (SMEs) in the country by 2017 through its platforms such as Google Search and Google Maps, without these businesses requiring investing in a website or domain. To achieve this, the search giant, …
Social security scheme on the cards for workers: Labour Secy
Government will soon bring all the employees both in formal and informal sectors under Social Security scheme. Indicating this, Labour Secretary Shankar Aggarwal, told a recent CII conclave government is also contemplating a new law to ensure minimum wages are paid to every worker so that there…
MSMEs major beneficiary of 3 per cent interest subsidy scheme
The Micro, Small and Medium Enterprises (MSMEs) will be the biggest beneficiary of the recently announced 3 per cent interest subsidy scheme for exporters. The scheme assumes significance for the sector as credit is the major issue which restricts growth of the segment, which contributes about 45…
Govt. evolving a comprehensive DPP to boost defense production by MSMEs – Manohar Parrikar
Defence Minister Manohar Parrikar on Saturday said government would soon come out with a comprehensive defence procurement procedure (DPP) to boost defence production by India Inc, particularly by MSMEs. Addressing a PHD chamber session on ‘Self Reliance in Defence Production, Parrikar acknowled…
MSME Ministry takes number of initiatives to go Digital
As part of Prime Minister Narendra Modi’s Digital India intiative, The Ministry of Micro, Small and Medium enterprises has taken number of steps digitalization including launching of digital employment exchange to boost job creation in view of the vast potential. The digital employment exchange…
MSME Ministry to boost Khadi, will drive employment particularly in rural India
Khadi and Village Industries Commission training centres upgraded and modernized Khadi units infrastructure modernized Clusters planned to promote Khadi units in rural areas Khadi to be made market oriented Convergence in design of Khadi products by NID and NIFT Youth centric Khadi products plann…
Kazakhstan keen to work directly with Indian SMEs
New Delhi – Kazakhstan would like to directly involve India’s growing SME (Small and Medium Enterprises) sector in projects in the Central Asian country instead of the Indian SMEs coming in through projects bagged by third countries, including Singapore, European nations or even Arab countries, t…