Small Industries Development Bank of India (SIDBI) signed a Memorandum of Understanding (MoU) with Life Insurance Corporation of India (LIC), in the presence of Jayant Sinha, MoS for Finance, for supplementing Government’s efforts under ‘Fund-of-Fund’ operation for the Venture Fund industry. The …
News
Project digital India will attain its desired objectives | DEIT, AS, Dr. Ajay kumar
Additional Secretary, Department of Electronics & Information Technology, Dr. Ajay Kumar on Thursday emphasized that digital India project of the Prime Minister would integrate India in a multifaceted manner so that the accruals of information technology percolate down to each stakeholders in…
Global barons & local tycoons meet at P4 Expo India 2016
Spurred by the prospect of participating in the growth story of Indian Petrochemicals and related industries, All India Plastic Industries Association (AIPIA) has organised P4 Expo India 2016, an international trade show and conference on plastics, petrochemicals, printing and packaging, at India…
RBI taking steps to improve credit to MSMEs | Dy. Governor Mundra
The Reserve Bank of India is taking a number of steps to ensure timely credit availability as also improving cash flow to the Micro, Small and Medium Enterprises (MSMEs), which stand as the beacon of hope in an otherwise difficult economic environment. Addressing the Bankers’- Borrowers int…
Commerce Ministry wants priority sector status for export credit
The Commerce Ministry will seek priority sector status for export credit and focus on a revival of Special Economic Zones (SEZs), as it has identified six areas to prop up outbound shipments in goods, which contracted for a 15th straight month through February. Following the first meeting of a re…
NIFT, NID, others to revive packaging of 40 handloom products
Ministry of Minority Affairs has roped in Indian Institute of Packaging (IIP), National Institute of Fashion Technology (NIFT) and National Institute of Design (NID) to upgrade the design and packaging of 40 shortlisted handloom fabrics and handicrafts in the country. Maharastrian Paithani, Banar…
GCCI to take help of PSUs to revive closed SMEs in Gujarat
To support ‘Make In India’ campaign, the Gujarat Chamber of Commerce & Industry (GCCI) will take help of PSUs to revive the closed small and medium enterprises (SMEs) in the state. “Under ‘Make In India’, government insists to develop ancillaries of defence and o…
RBI looks to improve ease of doing business for SMEs & Startups
The Reserve Bank of India (RBI) on April 05, 2016 said it will lay down a framework by September 2016 for accreditation of credit counselors who can act as facilitators for entrepreneurs to access the formal financial system with greater ease and flexibility. Presenting the first Bi-monthly Monet…
Scotland keen to attract Indian SMEs | Scottish Development International
In efforts to attract Small & Medium Enterprises (SMEs) from India, Scotland is firming up a focussed programme. Discussions have been initiated with the concerned, says the Scottish Development International (SDI). Scotland has a strong culture of innovation, academic excellence and a conduc…
IndiaMART Celebrates 20 years of its mission of empowering SMEs
Marking the completion of 20 years of its mission of empowering millions of SMEs and MSMEs in doing business, IndiaMART, the largest online marketplace connecting buyers and sellers observed April first as Maker’s Day. To mark it as an official MSME day, IndiaMART’s brand ambassador, …