To rejuvenate and boost the handicraft and horticulture sector, Jammu and Kashmir government July 30 approved construction of International Trade Centre (ITC) in Pulwama district at an estimated cost of Rs 47.92 crore. “This prestigious project shall come up on an area of 371 kanals (18.55 …
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SMEs form backbone of emerging economies: Indian envoy to Egypt
The Small and Medium Enterprises (SMEs) form the backbone of any country specially the emerging economies, Indian envoy to Egypt Sanjay Bhattacharyya has said on the growth of the sector. Bhattacharyya inaugurated the ‘Roundtable of Maulana Azad Center for Indian Culture’ with a semin…
CII to hold bootcamps to support start-ups
Realising the need to encourage start-ups in a big way, Confederation of Indian Industry (CII), Southern Region has decided to hold bootcamps at select educational institutes and offer handholding to those launching startups. “We will encourage out-of-the box ideas, research and innovation on the…
‘Alliance for Digital Bharat’ formed to help SMEs digitize
In a bid to develop conducive atmosphere for digitalisation in non-corporate sector, prominent stakeholders of economy have come forward to form the ‘Alliance for Digital Bharat”. The Alliance includes national organisations of traders, transporters, consumers, farmers, hawkers, SMEs, self-…
Karnataka plans Skill Development Ministry
To address growing concerns arising from automation, the Karnataka government is planning to set up a Ministry for Skill Development. Addressing a gathering of corporates at CII’s (Confederation of Indian Industry) 12th India Innovation Summit, RV Deshpande, Minister for Large and Medium Industri…
Smart Grid Mission, USAID launch training programme
India’s National Smart Grid Mission (NSGM) with USAID launched its first in a series of training programmes aimed at building capacity and skills of utility personnel to develop smart grid infrastructure. “This training will help the Government of India achieve its target of having 10…
Haryana launches portal for ease of doing biz
Haryana government has launched an e-Biz portal to promote ease of doing business, enable clearance of industrial projects and redress grievances of investors through a single platform in a time-bound manner. The portal has a provision for a Comprehensive Application Form (CAF) which would have t…
MSMEs in Punjab to be provided power at concessional tariff
It’s raining sops during the election year in the poll-bound Punjab and the latest is relief in power tariff to industry and domestic consumer. Punjab Deputy Chief Minister announced that there would be no tariff revision for the domestic consumers and MSMEs in the state would be offered po…
Karnataka govt unveils trade organization ‘KRETO’; kick-starts with 6 MoUs
The ‘Karnataka Region Economic Trade Organization’ (KRETO) has been launched by Former Cabinet Minister Mani Shankar Aiyar, State Minister U T Khader and Mayor of Bengaluru Manjunath Reddy. KRETO also announced it is in consultative status with ECOSOC United Nations. At the forum, Chief Minister …
Coir Board bullish on export potential
Given the export growth rate in value-added products of coir, the crisis-ridden coconut sector can look to the coir segment for additional returns. Coir Board Chairman CP Radhakrishnan said that the rise in exports of value-added products such as coir geo-textiles and pith in the last fiscal year…