For the first time the union government has conducted industrial profile and skill mapping to ascertain where MSME industries could be set up. Skill training was being provided to youths so that they as well the industry could know about each other’s requirement, Union Minister for Micro, Small a…
Tag: Kalraj Mishra
Proposal to help flood-hit MSMEs | MSME Minister Kalraj Mishra
Offering financial assistance to MSMEs affected by floods in Chennai is under the Ministry’s active consideration. MSME Minister Kalraj Mishra said. “I have forwarded the proposal to Finance Minister Arun Jaitley and he has assured all help,” said Mishra told reporters in Coimbatore Replying to a…
Centre creating rehabilitation framework for MSMEs featuring as NPAs of banks
The Center has created a framework for revival and rehabilitation of MSMEs, which account for nearly half of the non-performing assets (NPAs) of banks from the industry sector, MSME Minister Kalraj Mishra has said. The MSME Ministry would immediately take steps to set up a “design studio” as a “c…
Flipkart to showcase Khadi items
Indian E-tailing giant Flipkart will now showcase a range of khadi clothes, including thirty articles from the famous Swaraj Ashram in Kanpur, a premier Khadi Bhandar. The items showcased, khadi denim jeans, Modi kurtas, ladies wear and shawls among others, can now be viewed on the website/app an…
Indian SMEs are second to none; have to be recognized as brands | Anup Pujari | Secretary, MSME Ministry
‘State governments also need to enforce 20% procurement quota for SME sector’ The Indian small and medium enterprises are second to none but they have to sustain standards and be recognized as brands to reckon with, says MSME Secretary Anup Pujari in an exclusive sit down interview with SMEpost.…
Mudra Yojana to help MSMEs hit by Chennai floods
Mudra Yojana, a new financial system launched by Center is likely to help financially the Chennai flood affected MSMEs. This was decided following the visit of MSME Minister Kalraj Mishra, who inspected flood affected industrial clusters housing MSMEs in the city. The recent flood in Chennai ha…
Online UAM registrations by MSMEs cross one Lakh | MSME Secy Anup Pujari
Udyog Aadhar, launched by Micro, Small and Medium Enterprises Minister in September this year has evoked overwhelming response. Over one lakh MSMEs have registered so far in a short span of two months. The online registration of small and medium business in the country will help them get benefit…
Chennai flood leaves 50,000 jobless in MSME sector
Nearly 50,000 employees in nearly 10,000 micro enterprises located in and around Chennai have been left unemployed due to the recent torrential rains and flood that left their units damaged badly, said Kalraj Mishra, Union Minister for MSME. The number of affected employees could be more if the 3…
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…
Exclusive | SMEs faces data and definition issues
By K R Sudhamaan Inflation and frequent spurt in prices have created problems in defining what constituted micro, small and medium enterprises in the country. This is an issues that comes to the fore periodically, particularly government goes for new census on MSME in the country. Several econom…