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 …
Tag: MDA
Union MSME Minster Kalraj Mishra appreciates JK govt for PMEGP implementation
Appreciating the work of State Government in Prime Minister’s Employment Generation Programme (PMEGP) during 2015-16, the Union Minister for Micro, Small and Medium Enterprises (MSME) Kalraj Mishra on Sunday, May 08 said that 23,140 people of Jammu and Kashmir were employed in 3,772 PMEGP units a…
FIEO’s Budget Proposals envisages enabling & empowering MSMEs
Inverted duty structure in respect of various items including Electronic Goods, Toys and Chemicals may be given due consideration in the Union Budget as it not only effects exports but also the manufacturing sector and adversely hit Make in India. The actual refund mechanism for service tax is c…
FIEO’s Budget 2016 wishlist for MSMEs
The Federation of Indian Export Organisations has demanded creation of Export development fund in the forthcoming budget to help MSMEs, which account for 45 per cent of India’s exports, a share that has not fallen even when global trade has been hit by slowdown In its budget wishlist, FIEO said …
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…