Tag: National Small Industries Corporation (NSIC)

NSIC ushers in with GST helpline to help MSMEs undergo transition

NSIC launches GST helpline to help MSMEs undergo transition

National Small Industries Corporation (NSIC) has launched a GST helpline to help MSMEs conduct their business under the new tax regime. The helpline comes as part of the Corporation’s earlier launched GST information campaign. The helpline comes to assist MSMEs undergo the GST transition and unde…

iStock_SME

Rating agencies in a fix over SMEs

Volatility in the government’s budget subsidy to incentivise credit ratings for micro and small enterprises over the past few years is harming these companies as rating agencies are in a fix on whether to invest more for this sector’s ratings. The government gives up to a Rs 40,000 subsidy for MS…

MSME-SEctor

Improving the state of MSMEs

Late last month, the National Board of Micro, Small, and Medium Enterprises, organised by the Ministry of Micro, Small, and Medium Enterprises (MSME) including Khadi/Coir with all States and Union Territories’ Ministers and Secretaries met in the Capital. With a welter of as many as fifteen items…

Kalraj Mishra

अंतर्राष्ट्रीय SME मेला 2017 हुआ शुरू, कलराज मिश्र ने मॉरीशस की SMEs को तकनीकी मदद का दिया भरोसा

केंद्रीय एमएसएमई मंत्री कलराज मिश्र की मौजूदगी में मॉरीशस में 11 मई को पहले अंतर्राष्ट्रीय एसएमई नवाचार और प्रौद्योगिकी मेले का शुभारंभ हुआ। पैलेस के स्वामी विवेकानंद सेंटर में आयोजित इस मेले को 12 से 14 मई तक जनता के लिए खोला जाएगा। उद्घाटन समारोह में एसएमई को संबोधित करते हुए मिश्रा ने कहा कि […

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CII joins hands with IIM-Calcutta to boost first-generation entrepreneurs

Kolkata: CII has joined hands with IIM-Calcutta to boost a group of 25 first-generation entrepreneurs. What is unique about the venture is that most of these entrepreneurs, hail from Kolkata and four of its adjoining districts like, Howrah, North 24 Parganas, South 24 Parganas and Hooghly, belong…

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Indian SMEs favour long-term ties with Chinese investors: Kalraj Mishra

NEW DELHI: Indian small and medium enterprises are seeking a long-term partnership with Chinese entrepreneurs and investors in IT, mobile components and auto ancillaries, said MSME Minister Kalraj Mishra in Guangzhou. India participated in the 13th China International Small and Medium Enterprises…

Ravindra Nath-NSIC-with-APS

NSIC reduced the interest rates & registration fees for Micro Enterprises

National Small Industries Corporation (NSIC) announced reduction in fees and single point registration for MSMEs to mark Gandhi Jayanti this year. “In credit support for Raw material, NSIC is offering reduction in the rate of interest for Micro Enterprises, ranging from 10.50 percent p.a. to 11.5…

5. Mr. Ravindra Nath, Chairman & Managing Director, National Small Industries Corporation Limited

Centre tightens a noose on foreign tours on Govt subsidy

In a move to check the rising cases of misuse of Union government’s International Cooperation Scheme (ICS) by some businessmen, who avail subsidy numerous times during the year for participating in trade fairs and exhibitions in foreign countries against one-time rule under this scheme, the…