FICCI Welcomed the government approval of the Amended TUFS (ATUFS) saying this has come as a great relief to the industry especially when the exports were declining in textile and apparel sector. “The focus on employment generation and export under the new TUFS by encouraging apparel and garment…
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New survey to rank states on ease of doing business
States are to be ranked on ease of doing business on the basis of a new survey, Industrial Policy and Promotion Secretary Amitabh Kant has said. “Unlike the last survey conducted with the World Bank and KPMG (global financial advisory) on 100 points, the new survey is being done by our depa…
Romantic about SMEs alone will not create jobs | CEA
The West Bengal government might be bullish about small and medium enterprises (SME) but that will not generate jobs, warned Chief Economic Advisor Arvind Subramanian. “SMEs are things to be romantic about, but that does not generate dynamism or jobs,” Subramanian said in an obvious reference to …
Product Certification workshop for MSMEs in MP
For the development of small and medium scale industries sector and to certify their products, Association of Industries, Madhya Pradesh (AIMP) organised a day-long interactive session on product certification here on Wednesday. Following joint effort of AIMP and Micro, Small and Medium Enterpris…
MSME rural credit pegged at 21.67K crore in UP
National Bank for Agriculture and Rural Development (NABARD) has estimated the rural credit potential of almost Rs 1,78,000 crore in Uttar Pradesh during 2016-17. The projected outlay of Potential Rural Credit Plan is almost 25 percent higher than the corresponding figure of a little over Rs 1,43…
Industry leaders to mentor SMEs at Kochi B2B meet
Nearly 400 Indian and foreign buyers are expected to conduct business at the three-day Kerala Business to Business (B2B) Meet 2016 here. Over 250 buyers have already registered for the meet, which will exclusively feature the state’s steadily-growing Small and Medium Enterprises (SMEs). Organised…
Handlooms to get a boost in the New Year
Revival of Handloom industry to get top priority in the New Year with government launching a number of initiatives in recent months, an official statement said. The revival plan is to lay emphasis on increasing the earning of handloom weavers, which would in turn attract the younger generation to…
Scheme to boost ‘Make in India’ in textile sector
Government approves ‘Amended Technology Upgradation Fund Scheme’ for Textiles industry. It will generate one lakh crore rupees investment & create over 30 lakh jobs Government has approved a scheme to boost Make in India in textiles that would help in generating Rs one lakh crore investment…
‘Bada Socho. TV Socho’ | Amagi Ad campaign’s message to SMEs
Amagi, India’s largest TV ad network has launched its new TV campaign, ‘Bada Socho.TV Socho’ (Think Big, Think TV), encouraging entrepreneurs to target their audience on national TV. Amagi’s patented watermarking technology enables it to split national ad inventory and sel…
FISME raises MSME financing issue with RBI
A delegation of Federation of Indian Micro and Small & Medium Enterprises (FISME) led by Chairman, Banking and Finance Committee, Neeraj Kedia met Executive Director of Reserve Bank of India (RBI) U.S. Paliwal in Mumbai recently and highlighted rising MSME concerns about the fall out of fault…