In view with the growing demand to push the statistically proven economy drivers of the nation, government has unveiled Budget 2016, proposing to offer tax exemptions for SMEs. Units with turnover of up to Rs. 2 crore will have the benefit of the pitch. The threshold is twice the previous limit u…
Tag: China
Chikankari craft facing strong Chinese competition
Lucknow’s centuries-old Chikankari craft is facing strong competition from Chinese Chikan which is up to 30 per cent cheap and consumes less time in production, threatening livelihood of about five lakh people involved in this unorganized industry, suggested an analysis by Associated Chambe…
SMEs play a major role in Gujarat’s export sector | DIPP Secy
Gujarat contributes 22% export, 8% national GDP, 10% work force nationally. Gujarat is driver of India’s manufacturing and exports and therefore Gujarat must be key driver and it is very essential. A substantial portion of exports from Gujarat are from SMEs. “If India has to grow at 9.4% growth r…