The Khadi & Village Industries Commission (KVIC) is initiating a project named ‘Khadi Gaon’ in each state of India, with the goal to scale up employment in rural areas and also push khadi and village industries products from these regions. This was revealed by KVIC chairman Vinai Kumar Saxena…
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Ficci calls to replicate London model to boost start-ups
Hyderabad: Many of the policies responsible for establishing the UK and London in particular as a startup hub have happened in the last 5-6 years. London accounted for one seventh of the UK investment into startups in 2010, a figure that has since increased to two-thirds. To establish such an eco…
Free business websites for Indian SMEs and start-ups organised by SEOFIED
As the saying goes, “there are no free lunches in the world” yet here is an organisation that proposes to do just that for you. The story of a social initiative in Odisha that aims to encourage and motivate digital transformation of an entire nation. Collaborating with startups, small and medium …
Surat International textile expo to begin on February 25
Surat: With a view to encourage the textile sector in Surat and south Gujarat region and to create ‘Brand Surat’, the Southern Gujarat Chamber of Commerce and Industry (SGCCI) has organised a three-day long Surat International Textile Expo (SITEX) starting from February 25. According …
MSMEs are the star of Gujarat Budget; Get Rs 1k cr spcl package
Ahmedabad: Making higher allocation towards sectors highly impacting common man such as education, youth, health, Micro, Small and Medium Enterprises (MSMEs) and infrastructure, Gujarat Budget offers a Rs 1000 crore special package for MSMEs in the state. The state would go for Assembly Elections…
Textile, leather & food processing sectors on priority list of Jharkhand
Ranchi: Industries in the textile, leather and food processing sectors will now be the prime focus for the state government as the quick-implementation mantra is being practised for MoUs (Memorandum of Understanding) worth Rs 3.10 lakh crore that were inked during the recently-concluded Global In…
Sidbi commits Rs 110 cr from start-up fund
The Small Industrial Development Bank of India (Sidbi), nominated by the government to manage its Rs 10,000-crore ‘fund of funds’ for start-ups, has committed Rs 110 crore to four venture capital funds, who are together trying to raise over Rs 1300 crore, to invest in start-ups. The funds which h…
Need to encourage leasing to boost SME growth, says World Bank official
The World Bank Group sees “leasing” as an important financing tool for Small and Medium Enterprises (SMEs) and wants policymakers in India to take steps to propel its growth in the country. “Leasing is very sensitive to taxation and I understand the taxation rules were changed, and as a result, i…
Look forward to become anchor for several fintech start-ups: Barclays India COO Ram Gopal
Prime Minister Narendra Modi’s demonetisation push has suddenly thrown the spotlight on India’s growing fintech sector and startups in that space including Paytm. Barclays Bank has created ‘Rise Accelerator‘ in Mumbai to focus on the sector and solve their problems. Excerp…
Indian digital eco-system is a beacon for the world: Ravi Shankar Prasad
India’s powerful digital ecosystem can be a beacon for the rest of the world, according to Ravi Shanker Prasad, India’s Law Minister, who also holds the portfolio for Communications & Broadcasting. The Minister was in Mumbai to speak on the revolutions and innovations achieved in the digital …