Industry body CII said it will focus on West Bengal’s Small and Medium Enterprises, which hold the potential to change the state’s investment scenario. “CII will promote ‘Make in India’ with international and domestic roadshows. We will also focus on Bengal. SMEs hol…
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Odisha to help set up 1,000 startups in five years
The Naveen Patnaik government in Odisha on August 23 cleared a startup policy that it plans to launch later this week at an investor meeting in Bengaluru. Patnaik is hoping to get his state among the top three in the race of competitive federalism pushed by the central government. The state cabin…
NSIC & Rubique to create interface for ease of credit facilitation
Rubique, the one-stop online marketplace providing technology enabled end-to-end solution to financing needs of MSMEs, has signed an agreement with National Small Industries Corporation Limited (NSIC) in which both will create an interface which will ease credit facilitation for MSMEs by allowing…
Rajiv Pratap Rudy inaugurates Skill Development Centre for Army wives & wards
Union Minister of State (Independent Charge) for Skill Development and Entrepreneurship Rajiv Pratap Rudy inaugurated Delhi’s first ever Army Skill Training Centre (ASTC) out of the total 10 centres that have been planned all across the country, as part of the partnership between Ministry of Skil…
Startups, Govt begin work on affordable cure for the poor
For dialysis patients in rural areas, a ride to the nearest city hospital for treatment is usually a trying one. But a state in southern India is now ensuring that it is no longer part of the deal, with a little help from a startup. The Andhra Pradesh government recently tied up with dialysis pro…
SME stocks performance improved after migration to the main board
Small and Medium Enterprises (SMEs) have seen their stocks performing way better and giving better returns to investors after they migrated to the main board from SME platform of the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). As on date, 19 companies have shifted to BSE and NS…
Khadi can generate employment opportunities: Agri Minister
Motihari: Inaugurating the Khadi Kamgar Sammelan organized by the Khadi Gramodyog Commission on August 22 at the local town hall, Union Minister Radha Mohan Singh said Khadi has power to generate employment to crores of people. “Khadi has now become a brand and the fabric is now popular amo…
Investors in medical devices park promised built-up space
Investors in India’s first dedicated medical devices manufacturing park coming up at Nadupuru village near Visakhapatnam Steel Plant have been promised up to one acre of land each with 80 per cent built-up area. As of now, officials said, they had acquired over 200 acres with a promise to increas…
Delhi gov to raise threshold limit of luxury tax
In order to reduce burden on tourists and make it easy for small hotels to do business, the Delhi government has introduced an amendment bill in the assembly to raise the threshold limit of luxury tax from Rs 750 per day per room to Rs 1,500 per day per room. Introducing the Delhi Tax on [&hellip…
SME Business Confidence Index for India launched
SME Chamber of India (India’s leading National Premier Chamber) has collaborated with MRSS India Ltd. to launch a study to measure the ‘SME Business Confidence Index‘ for India. The research titled ‘SME CONFEX 2016‘ is the first sentiment measuring mechanism of its k…