“If you buy Khadi, you light the lamp of prosperity in the house of a poor person”, Prime Minister Narendra Modi said in his first monthly radio address ‘Mann ki Baat’ on October 3, 2014. Two years later, the sapling he had planted, is bearing fruits. Khadi has since become a lifestyle phen…
MSME Ministry invites application for manufacturing technology partner
The government is trying hard to set up the the network of technology centres which can help MSMEs and entrepreneurs to be more competitive. Office of the Development Commissioner (MSME), Ministry of MSME, Government of India is in the process of upgrading and expanding the network of Technology …
Bollywood star Akshay Kumar promotes Ritu Beri’s Khadi line
On the eve of Gandhi Jayanti, Central Government has decided to make superstar Akshay Kumar as the new face of Khadi. He will be promoting the new clothesline made by well known designer Ritu Beri titled Khadi Vichar Vastra. Ministry of Micro Small and Medium Enterprises (MSME) confirmed the news…
Happy times @ SMEs’: Govt. notifies framework for 4.74 lakh units revival
Micro, Small and Medium Enterprises (MSMEs) sector is in a decline as number of sick MSME units is on the rise in the country for past few years. The government blames it on economic slowdown. “Number of sick MSMEs in the country at the end of March 2013, March 2014, and March 2015 was 2.22, [&he…
India to help build skill in Mauritian MSMEs
India will help Mauritius to develop the MSME sector and provide all support for the skill development, Union MSME Minister Kalraj Mishra said while interacting with Mauritius delegation headed by their Finance Minister Pravind Jugnauth. He said that relationship with Mauritius is a priority of h…
Cauvery dispute hits MSMEs hard in K’taka & TN
The Cauvery dispute has crippled the small and medium industry in both Karnataka and Tamil Nadu. The current scenario has paralyzed units in Bengaluru as it is hub of IT Companies and houses headquarters of startups like Ola and many more. The violent agitationists have damaged the infrastructure…
Only 7% of MSMEs manage to get loan | CRISIL Study
Scores of Government schemes and awareness campaigns have failed to get small scale industries get finances to kickstart and boost their business, thereby hampering growth of Indian economy. A staggering 93 per cent MSMEs did not get loan from government or non-government body, says a research d…
Khadi production has reached Rs. 1065 crore & employed 11.07 lakh people | Arun Kumar Jha, CEO, KVIC
Father of the Nation, Mahatma Gandhi started a movement for Khadi in 1918 as relief programme for the poor living in the villages. Spinning and weaving was elevated to an ideology for self-reliance and self-government. Ever since, Khadi has been a trademark fashion style from common people to pol…
Even in India quality is possible | Adil Zainulbhai, Chairman, QCI
On the eve of 11th National Quality Conclave aimed at creating an ecosystem for quality in India, Quality Council of India (QCI) interacted with public via twitter on #QualityMatters. Chairman of QCI, Adil Zainulbhai led this engagement on the theme – ‘Even in India Quality is Possib…
Pharma SMEs need boost like 25 per cent Capital Subsidy | Dr Jitendar Sharma, CEO, AMTZ
Recently, FDI in Brownfield (existing units) pharma sector has been permitted upto 74% under automatic route; and FDI beyond 74% and upto 100% is allowed under Government approval route. The move is aimed at attracting required capital, international best practices and latest technologies in the …