Prime Minister Narendra Modi’s ‘Make in India’ campaign – launched some time back – is designed to improve and strengthen manufacturing capabilities in India and also act as a strong mandate to foreign players to develop manufacturing units in India. Moreover, the SMEs are also looking at a great…
Tag: Narendra Modi
IT only a small part of start-ups| PM | Mann ki baat
Prime Minister Narendra Modi on January 31 said the notion that start-ups are only related to IT has been broken by the Start-Up India programme. Delivering his ” Mann Ki Baat” radio address, Modi said Information Technology was only a small part of start-ups. “It is the common …
Rs 1 lakh crore disbursed in loans for small businesses | Amit Shah
Narendra Modi government has ensured that more than Rs one lakh crore in loans is disbursed to micro units and enterprises in just one financial year, BJP President Amit Shah on February 1 said as he termed it as a big “success” in providing self employment to people. Addressing a gat…
Agarwal Packers demands tax sops for logistics in budget
Logistics major Agarwal Packers & Movers has sought a set of tax sops to take India’s logistics to $300 billion business by 2020, a critical industry to push Prime Minister Narendra Modi’s ambitious Make in India plan and job creating MSME sector. Giving a long wish list to Finance Ministry, …
Mohit Kamboj re-elected as National President of India Bullion & Jewellers Association
Mohit Kamboj has been re-elected unopposed as the National President of India Bullion and Jewellers Association (IBJA) in a meeting of Governing Board held in Mumbai for the five year term ending in 2021. India Bullion and Jewellers Association had dissolved its board in the last week of December…
Start-ups seek PM intervention on net neutrality woes
The net neutrality debate in India goes back to December 2014 when Airtel decided to charge separately for Internet-based calls but withdrew the plan later after facing protest. Hundreds of startups including bigger players like, Zomato, Cleartrip, Paytm and their employees on January 25 approach…
States to come out with start-up policy
Encouraged by the Centre’s StartUp India initiative, several states including Uttar Pradesh and Chhattisgarh are planning to come out with their own policies to promote budding entrepreneurs. States like Kerala, Tamil Nadu and Karnataka have rolled out their respective policies and more are…
GREX to steer Rs 150 crore funding for startups, SMEs
Investment platform GREX expects to channelise funding of Rs 150 crore to start-ups and Small and Medium Enterprises (SMEs) in the country this year, a top company official said. Also, by March this year, the company is hopeful of helping about 10-12 start-ups and SMEs raise Rs 20-25 crore. ̶…
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…
EDCast to tie up with 500 institutions
Silicon Valley-based technology education startup EdCast plans to get into tie-ups with as many as 500 educational institutions and invest up to $50 million (Rs 325 crore) in India in 2016. The company creates knowledge cloud platforms that enable educators and institutions to deliver their conte…