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FICCI moots vehicle replacement policy to benefit MSMEs

Respecting the recent Supreme Court order and NGT banning the registration of private diesel vehicles above certain engine capacity, FICCI today emphasized the need for balanced and holistic measures to be taken based on authentic studies so that interest of every stakeholder is given due weight …

Exclusive | Roller flour milling industry at crossroads

By Gargi Prasai Seventy-five years after its existence and faced with competition from global players the SMEs of Roller Flour Millers Federation of India finds itself at crossroads. On one hand the mills need to keep pace with global technological advances in maintaining quality and nutrition st…

SMEs to impact growth positively in 2016

The UK’s Small and Medium Enterprises feel that the availability of better technology will be the most important contributor for business growth next year, with 39% citing it will have a positive impact, up from its position in second place last year, according to research from Barclays Business.…

Cabinet Secretary monitoring MSME plans

Speaking about the sops beings given to the MSMEs under the Make in India programme, DIPP Secretary Amitabh Kant said that the Cabinet Secretary is monitoring the plans made for 25 different sectors. While speaking about how the Technology Acquisition Fund (TAF) will help MSMEs source latest tech…

Sustainable growth of MSMEs | Focus Eastern India

At the Business Standard Smart Business panel discussion on ‘Sustainable Growth of MSMEs – 2020: Focus Eastern India’ in association with Bharat Chamber of Commerce, panelists were unanimous that MSMEs needed government support to compete on a global platform. “India is poised for gro…

Market Development Assistance to KVIC | Boost to MSMEs

The government will provide Market Development Assistance to Khadi and Village Industries. Aimed at boosting Khadi, the government will provide rebate at the rate of 20% of their actual production against sanctioned target. of this, 25% will be earmarked for the payment to spinners and weavers as…

Exclusive | SME retailers win the hearts during Chennai floods

E-Shopping which has been a recent trend has changed the purchasing patterns of millions of customers across the globe. The E-Shopping has been proven successful even in India came to the rescue of Channaits in supplying daily needs weathering all commuting difficulties. Though the recent flood i…

Falling exports, a big concern for MSMEs | FISME

While some experts are saying that the near 25% drop in exports should be viewed with caution not panic, the 28.5% drop in export of Engineering Goods is really alarming, said Federation of Indian Micro and Small & Medium Enterprises (FISME), an apex body for MSME associations. India’s …

Big industries must support MSMEs | Kalraj Mishra

With large industries and banks not expressing enough interest for the growth of medium and small enterprises, the atmosphere across the country for MSMEs has not been favorable. To ensure that there are zero impediments for small and medium scale industries to flourish, the Central Government ha…