Demonetisation has created an enormous opportunity to channelise public savings into productive assets, and consolidating data of SMEs and corporates can provide banks with the necessary information to assess the credit-worthiness of borrowers, Confederation of Indian Industry (CII) said on Decem…
Tag: EPFO
Govt efforts must for IPO aspiring SMEs: Agro Phos MD
Indore: You see there are more than 2.50 lakh registered SMEs in the country but only 150 units have entered the capital market. There are some potential SME units but they lack awareness. So, it is time for both the state and central governments to come forward and provide them support. These v…
Creating a skilled workforce
Prime Minister Modi shares the dreams and aspirations of a billion plus people of the country “to make India a global economic leader”. To make this dream a reality, Make in India, Digital India, Smart Cities, Startup India and Swachh Bharat programmes, among others, have been launche…
India to utilize China’s decline in textile export; unveils unique package
The government is planning to announce a special package of Rs 6,000 crores to achieve the target of USD 48.5 billion in current financial year, informed an official press release. The Minister of State for Textiles, Ajay Tamta has said, “Government is planning to achieve the target of USD …
Govt contribution to Employee Pension Scheme to help MSMEs
Union Budget for 2016-17 has evoked mixed responses from MSME (Micro, Small and Medium Enterprises) sector in Dakshina Kannada district. B A Nazeer, President of Canara Plastic Manufacturers’ and Traders’ Association (CPMTA), told that the initiative to pay the Employee Pension Scheme contributio…
Budget 2016 | Key Highlights
Majorfocus on agriculture and farmers’ welfare, Mission to provide LPG connection to poor households, New health protection scheme, increased outlay for infrastructure, 2.87 Lakh crore Grant in Aid to Gram Panchayats and Municipalities. Setting up of 1500 Multi Skill Training Institutes and incen…
Labour Ministry to ease compliance norms for Start-Ups
The Labour and Employment Ministry on January 24, took steps to relax labour-related compliance measures for start-ups, a week after Prime Minister Narendra Modi unveiled the Start-up India initiative. The Ministry has decided to exempt start-ups from inspections related to key labour laws—includ…