Engineering Exports Promotion Council (EEPC) demands a mechanism to compensate increased raw material cost to engineering products exporters as a result of Minimum Import Price (MIP) levied to prevent cheap steel imports. “The introduction of the Minimum Import Price on steel products will raise…
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Punjab government to award the progressive farmers with cash prize
In recognition of the outstanding services and innovative initiatives taken by the progressive farmers, the Punjab government has launched ‘Scheme for Recognition and Awards to Persons Engaged in Agriculture and Allied Sectors’ to honour such farmers with the cash prize of Rs. 3 lac, Rs. 2 lac a…
West Bengal Rural Craft Hubs to double artisans’ income
The average monthly income of artisans from a host of West Bengal districts has almost doubled in the last one year, thanks to the Rural Crafts Hubs, a state government inistiative. The department of Micro, Small and Medium Enterprises and textiles and UNESCO that had taken up a joint initiative …
Gujarat CM promises to resolve MSME issues
Chief Minister Anandiben Patel promised to resolve all issues pertaining to the Micro, Small Medium Enterprises (MSME) sector in Gujarat at the annual board meeting of the State MSME Advisory Board on February 5. The CM launched regional facilitation desk in four cities to help and promote indust…
Public procurement policy for MSMEs not working | MSME Minister pulls up PSUs
Mandatory 20 per cent procurement by public enterprises from Micro, Small and Medium enterprises came into being on April one 2015 and but it seems to be not working as most of the PSUs have faltered in fulfilling this obligation. This has put several MSMEs in to difficulty. MSMEs account for ne…
More than 1 million enrolled under Prime Minister Skill program
Pradhan Mantri Kaushal Vikas Yojana (PMKVY), the flagship of Ministry of Skill Development and Entrepreneurship has completed 10 lakh enrolments under the scheme. The scheme has been implemented by National Skill Development Corporation (NSDC) through a network of 1012 training partners affiliate…
Corporation Bank awarded for outstanding performance in financing MSMEs
Deputy General Manager and Zonal Head of Corporation Bank, Robert Menezes, said that MSME’s play an important role in industrial development and the purpose of the meet is to understand the problems faced by entrepreneurs to provide hassle free finance at the right time and at attractive rates. M…
Karnataka sops for food processing, warehousing
Karnataka government is now wooing investors not just in the area of setting up industries in food processing, but also for the improvement of warehousing and logistics infrastructure. This was indicated to scores of investors during the three-day ‘Invest in Karnataka’ meet being held here from F…
Over 200 SMEs showcase products at Kochi B2B meet
Manufacturers in Kerala should come out with more value-added products if they want to compete in the global market, Minister for Public Works VK Ebrahim Kunju has said. Inaugurating the three-day Kerala Business-to-Business Meet 2016 at the CIAL Trade Fair & Exhibition Centre in Nedumbassery…
Kalraj Mishra reviews MSME Public Procurement Policy
MSME Public Procurement Policy to get fillip. Kalraj Mishra, Union Minister for Micro, Small and Medium Enterprises reviewed Public Procurement Policy by all the Central Government Departments and Central Public Sector Undertakings (CPSUs), after it was reviewed in the PMO. He was unhappy to no…