Minister of Industry and Commerce of Haryana Government, Vipul Goel has said that the state government has initiated several initiatives for the development of micro, small and medium enterprises (MSMEs). With focus on cluster development, the state will initiate tasks to provide technical suppor…
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Nirmala Sitharaman offers Rs 1.18 cr from MP fund to Mangaluru start-up incubator
Union Minister of State for Commerce and Industry Nirmala Sitharaman announced here on June 16 she will contribute Rs1.18 crore from her Member of Parliament Local Area Development fund, to a start-up incubation centre to be set up in Mangaluru. The Dakshina Kannada district administration and th…
Industrial goods manufacturers not in hurry to clear pre-GST stock
They want GST roll-out to be delayed so that the MSME manufacturers can take details of the stock. Manufacturers of industrial goods, components and products such as pumpsets do not seem to be in a hurry to clear the stocks with them before GST is implemented. According to some of them here, the …
Better late than never: IT parks & start-up incubators may soon be a reality in Agra
Seventeen years after a plan to develop an Information Technology (IT) park in the City of Taj was made, the project may finally take off. Now, the Yogi Adityanath-led government in Uttar Pradesh is working towards establishment of IT parks and start-up incubators in major cities such as Agra, Me…
Zone Startups India joins country’s VC funding club
In what seems to be a slow but steady change in the investment tide for the start-up ecosystem, a slew of early-stage funds have been launched since the start of this year. The latest to join the club of new early-stage venture capital funds is private accelerator Zone Start-ups India. The Zone S…
Textile mills seek reduction of duty for man-made fibre & yarn to 12%
Textile mills in Tamil Nadu have appealed to the Union Government to bring down the GST rate for manmade fibre and yarn to 12 % from 18 %. About 430 mills recently sent their appeal to the Prime Minister’s Office in this regard, according to Prabhu Dhamodharan, Secretary of Indian Texpreneurs Fed…
Startup India can improve rural transportation system in Jharkhand: CM Raghubar Das
Jamshedpur: Chief Minister of Jharkhand, Raghubar Das has appealed the youths belonging to Scheduled Castes and Scheduled Tribes to become job creators through the Startup India Action Plan. There is a shortage of bus services in rural areas of the state, for which 400 buses will be provided to y…
GST Council gives relaxation of 2 months for filing of GST returns
India’s tryst with its most comprehensive indirect tax reform, the goods and services tax (GST), will begin on July 1. The GST Council, the apex decision body for the new tax, has stuck to the scheduled rollout. GST seeks to bundle state and central levies into one and create a seamless national …
How cloud telephony evolved as part of India’s start-up culture
It all began back in 2008, when Google stepped into cloud services and started hosting their services at very feasible prices to start-ups. This in turn, paved the way for many startups to adopt and render cloud based services at affordable prices to small medium enterprises (SMEs). That’s one of…
Essel Group Chairman Subhash Chandra voices SME concerns over GST
Adding heft to the rising concerns regarding the initial impact of the Goods and Services Tax (GST), especially in the SME (Small and Medium Enterprises) sector, Rajya Sabha MP and Essel Group Chairman Subhash Chandra on June 17 requested the government not to take any action for non-complia…