Government ministries have not been able to meet the standards for skills development, the Sharda Prasad committee said, highlighting drawbacks in the scheme to train youth for jobs and entrepreneurship. The government-appointed panel led by Prasad, a former director general of employment and tra…
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Vdocipher named India’s best start-up at Seedstars World
Seedstars World, the global seed-stage startup competition for emerging markets and fast-growing startup scenes brought its India round to a successful close during Seedstars Delhi. The event took place this Saturday 13th May at 91Springboard, and 8 selected startups were invited to present their…
No more delayed payments: MP exempts MSMEs from earnest deposits
Indore: The state government has exempted micro, small and medium enterprises (MSMEs) from depositing earnest money in departmental tenders. The move is aimed at increasing the participation of small scale industries and resolving the delay in payments. Small scale industries complained about ear…
Odisha to impart entrepreneurship training to 10k youths
Bhubaneswar: The Odisha government has decided to impart entrepreneurship training to at least 10,000 youths during the current financial year, an official said on May 13. It was decided at a high-level meeting chaired by MSME Minister Prafulla Samal here on May 13. The training will be organised…
World’s biggest & costliest WTC to become fully operational by 2020 in Noida
In what could help scale NCR based technology industries and small and medium scale operators to a global platform by offering a gateway for linkages and scale, the World Trade Center, Noida, is expected to go fully operational in three years, by 2020. The World Trade Center, Noida is the biggest…
Dell rolls out GST-ready PCs for small businesses
Dell will engage with key partners in order to equip them to consult their business customers on GST readiness. With India implementing the much-awaited Goods and Services Tax, Dell has announced the launch of its GST-ready PCs. With this launch, Dell is aiming to empower small businesses with th…
Coming soon: Biz development centre for SMEs in Telangana
Hyderabad: In a bid to create a conducive atmosphere for small and medium enterprises to grow their businesses, the Telangana government is mulling to set up a ‘Business Development Centre’ in the IT hub of the city, principal secretary (industries) Jayesh Ranjan said here on May 12. …
A boost for Make in India as DIPP to focus on FDI in select sectors including auto, defence, aerospace
To give a fresh impetus to FDI inflows into the manufacturing sector, the department of industrial policy and promotion (DIPP) will likely focus on a few selective sectors out of the 25 under the Make in India programme. The remaining sectors will be addressed by the respective administartive min…
Fiscal Consolidation: GST is the best bet for state govts, says RBI
The Reserve Bank of India (RBI) has said introduction of GST would have economy-wide ramifications in terms of growth, inflation, government finances and external competitiveness over the medium-term. “It is likely to champion a new course for cooperative federalism in India, focusing on collabor…
International SME Fair 2017 kicks off; Kalraj Mishra offers low-cost tech tools to Mauritian SMEs
The first International SME Innovation and Technology Fair kicked off on May 11 in Mauritius in the presence of Indian Union MSME Minister Kalraj Mishra. The fair, held at the Swami Vivekananda center in Pailles, will be open to the public from May 12 to 14. While addressing SMEs in the inaugural…