The Micro, Small and Medium Enterprises (MSME) Ministry started a national workshop to impart design expertise to manufacturing units with an aim to enhance product competitiveness. MSME Minister Kalraj Mishra inaugurated the National Workshop on Design Clinic Scheme under the National Manufactur…
Tag: National Manufacturing Competitiveness Programme
Private Banks & HFCs must play an expanded role to provide financial support to SMEs | Harshil Mehta, CEO, DHFL
Finance has typically been one of the areas of concern for the SME sector. One of India’s leading finance company, Dewan Housing Finance Ltd (DHFL), has lately expanded its portfolio by entering into SME lending segment. SMEpost.com caught up with Harshil Mehta, CEO of DHFL, in an exclusive conve…
Govt relaxes norms under public procurement for startup MSMEs
Government relaxed procurement norms related to experience and turnover for micro, small and medium startups with a view to enabling these ventures to be part of its public procurement. From April 2015, all PSUs, central government ministries and departments have been directed to procure at least…
IPR awareness drive amongst MSMEs to enhance competitiveness
Ministry of Micro Small and Medium Enterprises has launched a scheme to build awareness on Intellectual Property Rights (IPRs) among MSMEs. The aim of this scheme is to enhance competitiveness of MSMEs under the National Manufacturing Competitiveness Programme (NMCP). Apparently, only one MSME h…
NSIC supply of raw materials to MSMEs registers growth
The state-owned National Small Industries Corporation Limited (NSIC), which supplies raw materials to MSMEs, facilitated 7129 units in 2015-16 as against 6450 units in the previous year, an official announcement said. NSIC, which comes under MSME Ministry, sells raw materials to MSMEs such as iro…
MSME Ministry implements National Manufacturing Competitiveness Programme
Ministry of Micro, Small and Medium Enterprises (MSME) is implementing the National Manufacturing Competitiveness Programme (NMCP) to develop global competitiveness among Indian MSMEs. Speaking at the Lok Sabha, Minister of State, Micro, Small and Medium Enterprises, Shri Giriraj Singh said the t…