The goods and services tax (GST) is slated for rollout in less than two months and voices are coming forward on the possible negative impact on small manufacturers. We have heard these stories earlier – when the country did away with quantitative restrictions on imports in 2001 and when it opened…
SAMPADA scheme to help build National Food Grid in country: Harsimrat Kaur Badal
The Cabinet has approved the restructuring of the scheme for agro-marine processing and development of agro-processing clusters (SAMPADA). Food Processing Minister Harsimrat Kaur Badal said the SAMPADA scheme is going to be an overarching umbrella scheme. It is a step in the direction to build Na…
Govt provides 80% rebate in fees; Facilitator panel to ease patent filing process for start-ups
The Department of Industrial Policy and Promotion (DIPP) has laid down the definition of a start-up to avoid any ambiguity in the matter for consideration of government schemes. As per the current definition of start-ups, an entity will be identified as a start-up: Up to five years from the date …
उत्तर प्रदेश: बंद हो रहे हैं खादी के कताई केंद्र, थम रही है चरखे की रफ़्तार
आज़मगढ़: खादी और चरखे का रिश्ता आजादी की लड़ाई से भी है लेकिन पुरे देश में जहाँ खादी को बढ़ावा देने के लिए सरकार बड़े प्रयास कर रही है वहीँ बदलते समय के साथ खादी जिले में उपेक्षा की शिकार हो चली है। खादी के प्रचार-प्रसार के लिए खोले गये कताई केन्द्र बन्द हो गये […]
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New policy will make steel pricier & create hurdles in global market for SMEs: EEPC
New Delhi: Engineering goods exporters have raised concerns that the new National Steel Policy could push domestic steel prices higher making it difficult for the sector to stay competitive in the global market. “With steel prices in India ruling 15-20 per cent higher than the global level, the p…
RBI को एनपीए समस्या से निपटने के लिए और शक्तियां दी गईं: अरुण जेटली
वित्त मंत्री अरुण जेटली ने कहा कि भारतीय रिजर्व बैंक को फंसे हुए कर्ज एनपीए की पहचान करने और इसके तत्काल समाधान के लिए शक्तियां दी गई हैं और इसके लिए सरकार ने बैंकिंग कानून में एक अध्यादेश के माध्यम से संशोधन किया है। सरकार ने रिजर्व बैंक को इस संशोधन के जरिए दबाव वाली […]
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India adds 40 new start-up incubators in 2016; Surpasses Israel to take-up 3rd spot in highest accelerators
Bengaluru: The government’s initiative to establish 30 incubators in educational institutions under the Startup India programme has enabled India to surpass Israel as the country with the third highest number of start-up incubators and accelerators. India now has 140 such institutions, ahea…
Make in India in defence: First private sector small arms manufacturing plant inaugurated in MP
India’s first private sector small arms manufacturing plant has been inaugurated which will supply world class weapons to the armed forces in sync with the country’s defence indigenisation programme. The plant, a joint venture between India’s Punj Lloyd and Israel Weapon Systems, will produce fou…
‘FinTech: The growth propeller for MSMEs’
Demonetisation affected many people in many ways. But the most to feel the heat were small and medium business owners. Largely a cash intensive market, scrapping of Rs 500 & Rs 1000 notes and scarcity of lower denomination notes drove them to adopt digital payment tools to keep the business g…
Haryana becomes 8th state to pass GST Bill; Small-scale taxpayers free to opt for composition scheme
Chandigarh: The Haryana Goods and Services Tax Bill, 2017 has been unanimously passed by the state Assembly in a special one-day session convened for the purpose. With the passage of the Bill, Haryana became the eighth state to pass the legislation as the Centre gears up to roll out the new indir…