An Afghanistan delegation led by their deputy foreign minister Hekmat Khalil Karzai today met the Union minister for skill development and entrepreneurship, Rajiv Pratap Rudy, to explore possible collaborations with India to strengthen the skill ecosystem of Afghanistan. Karzai said that Afghanis…
RBI’S BID TO PROMOTE MSMEs GETS GOOD RESPONSE
In its bid to prevent concentration of bank credit only to large industries and a handful of borrowers, the Reserve Bank of India (RBI) has introduced the concept of priority sector and directed banks to lend a minimum of 40 per cent of net bank credit to this sector, which includes Micro, Small …
EACH DISTRICT TO HAVE START-UP INCUBATOR
Kalraj Mishra, Union minister for micro, small and medium enterprises (MSME), announced a start-up incubator centre for each of Rajasthan’s 33 districts. His announcement came in response to the demand for such centres in all the six divisions of Rajasthan by chief minister Vasundhara Raje …
MSMEs ARE WHERE THE SUCCESS OF MAKE IN INDIA LIES: VASUNDHARA RAJE
Recognizing the growing importance of the MSME sector, the Central and the State governments have shifted their focus towards the micro, small and medium enterprises as they are rapidly announcing various sops to boost the sector. State chief minister Vasudhara Raje, during the launch of the stat…
Karnataka seeks to exempt MSMEs trade license in municipal limits
The State Government has proposed a set of amendments to its municipal laws by which micro, small and medium enterprises (MSME) as well as other industries in certain notified industry sectors will be exempt from possessing trade license. The Karnataka Municipalities Act as well as Karnataka Muni…
Rajasthan’s new MSME policy launched
Rajasthan on Friday launched a new policy for micro, small and medium enterprises (MSMEs) to promote the sector. The ‘Rajathan MSME Policy 2015’ was unveiled by Union MSME Minister Kalraj Mishra along with Rajasthan Chief Minister Vasundhara Raje on the concluding day of the two-day &…
WITH Rs 165 CRORE IN THE KITTY, URBANCLAP LOOKS TO HOME IN
Healthy dining chain Sattviko has acquired food delivery startup Call A Meal for an undisclosed amount. Launched in 2014 by software engineer Kartik Singhal, Call A Meal offers meal services to homes and offices in Jaipur, Rajasthan. “This acquisition will help us strengthen our delivery service,…
MAHINDRA DRIVES INTO STARTUP SPACE WITH CORPORATE GARAGES
Auto to defence conglomerate Mahindra Group is joining the startup bandwagon by helping aspiring entrepreneurs among its employees build startups in-house with seed funding and incubation facilities. “It is a very natural step for us to take on the task of incubating new-age startups within our …
Small growers apply for licence to export tea
Small tea growers in India are planning to export their produce on their own strength. Two self-help groups (SHG) — Jai Jalpesh and Panbari — with 860 small workers in their fold, are readying themselves to apply for export licences. Along with another small tea-growers SHG — Nabajagaran — they w…