Commerce and Industry Minister Suresh Prabhu will hold a meeting with industry bodies on September 26 to discuss issues pertaining to industrial growth and the interventions required to resolve them, a government official said. Chief Economic Adviser Arvind Subramanian, financial advisers of all …
Tag: MSME
Why taking an SME loan makes more sense than liquidating your savings?
Small and medium enterprises (SMEs) in India have witnessed tremendous growth over the last few years. The SME sector accounts for more than 95% of establishments in India and is offering 80% of jobs in the manufacturing sector. Considering the pivotal role which the SME sector is playi…
Rafale International encourages production activities under ‘Make in India’ initiative
Rafale International met up with over 100 French small and medium-sized enterprises (SMEs) to encourage investment and set up of production activities in India in the frame of the Rafale offset program under Prime Minister Narendra Modi’s ‘Make-in-India’ drive. During two-days Business to B…
3-D printing, AI & IoT have potential to define future course of MSMEs: Giriraj Singh
MSMEs are the backbone of Indian tourism sector and can drive significant employment, says K J Alphons
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Make in India a good initiative, but should focus more on SMEs: Rahul Gandhi
Congress vice president Rahul Gandhi said the Modi government’s ‘Make in India’ is a good initiative, but it should focus more on small and medium enterprises rather than on large businesses. Gandhi, who is in the US on a two-week-long tour, during his interaction with students …
Jaitley asks biz to avoid last-minute rush for tax filing
With 75 per cent of businesses waiting till the last day to file August GST returns, Finance Minister Arun Jaitley on September 20 asked them to avoid last-minute rush for tax filing. He said the GST Network (GSTN) has the capacity to handle 1 lakh returns per hour, which translates to 24 lakh re…
Vice President urges state govts to formulate individual procurement policies to uplift SC/ST MSMEs
Economic disparity can be overcome with “integrated multidimensional development agenda”, says Venkaiah Naidu
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India may see further 30-40% reduction of jobs in manufacturing sector: Survey
Prime Minister Narendra Modi has a jobs problem. He swept to power three years ago promising India’s poor and middle classes he’d restore their “dignity” after years of swelling inequality, with job creation central to his pitch. But now, the jobs market has been slugged by last Novembe…
Niti Aayog receives 5k applications under Mentor India campaign
Government think-tank Niti Aayog has received strong response to its Mentor India campaign, under which the body has received over 5,000 applications. There is “fantastic response” with over 5,000 applications for the Mentor India campaign, said Ramanathan Ramanan, Mission Director, Atal Innovati…
Giriraj Singh presented with PMEGP evaluation: Scheme providing ‘sustainable employment’ over years
Average employment per project was 7.62 and avg cost of generating unit employment was Rs 96,209 Max cost of generating unit employment was Rs 2,75,621 in Nagaland, while minimum cost was Rs 64,735 in TN
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