Tag: Quality Management Standards (QMS)

Rs. 3000 Cr allocation for MSME sector in Budget 2016; a clear indication of ‘Small is Big’

The significance of Micro, Small & Medium Enterprises (MSMEs) to India’s economic growth and prosperity is well established. While they provide critical depth to both manufacturing and service sectors, they also foster entrepreneurship and of course generate substantial employment. A number o…

National Manufacturing Competitiveness Programme to enable & empower SMEs

In a press conference held at New Delhi on March 8th 2016, Ministry of Micro, Small and Medium Enterprises briefed that Rs. 52 crore will be allocated under National Manufacturing Competitiveness Programme (NMCP) during the financial year 2016-17. Union Minister Kalraj Mishra sought for a develop…