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…
Tag: National Small Industries Corporation (NSIC)
Assam govt to provide micro & small industries with special benefits in state industrial policy
Assam government will provide micro and small industries with special benefits in state industrial policy. The government is drafting revised industrial policy. Ravi Capoor, Additional Chief Secretary, Industries and Commerce while inaugurating Udyam – 2017, a five day industrial and business tra…
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…
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…
International SME Fair 2017 kicks off; Kalraj Mishra offers low-cost tech tools to Mauritian SMEs
The first International SME Innovation and Technology Fair kicked off on May 11 in Mauritius in the presence of Indian Union MSME Minister Kalraj Mishra. The fair, held at the Swami Vivekananda center in Pailles, will be open to the public from May 12 to 14. While addressing SMEs in the inaugural…
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 […
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…
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…
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…
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…