Tag: SFURTI

KVIC apathy led to loans of Rs. 551 crore turning bad: CAG

The failure of the Khadi and Village Industries Corporation (KVIC) to follow up on loans led to Rs. 551.46 crore not being recovered, and also resulted in the diversion of Rs. 226.70 crore meant for servicing loans of SBI up to March 31, 2015, the CAG said in its compliance audit report. As on Ma…

MSME Year end review : 2015

During the year 2015, MSME Ministry launched various initiatives to improve the ease of doing business and to make Micro, Small and Medium Enterprises more globally competitive. These initiatives include ease of registration of the business in the form of Udyog Aadhar Memorandum, Framework to rev…