The government is taking steps to provide the required credit to the MSME sector even as Rs 42,000 crore have been disbursed under the Pradhan Mantri Mudra Yojana alone, Minister of State for Finance Jayant Sinha told Lok Sabha. Around 66 lakh people have benefitted so far from the Yojana under …
Funding not big issue for SMEs | Pronab Sen, Chairman, NSC
More than finance, skilling is a major problem of MSMEs, which gives on the job training to lakhs of people, only to be poached by large companies. Renowned economist and National Statistical Commission Chairman Pronab Sen in a wide-ranging interview to Smepost.com Editor K R Sudhaman shares the…
Over 5 lakh sick units in MSME sector as of March 2015 | Giriraj Singh
As per provisional data compiled by the Reserve Bank of India (RBI) the number of sick micro, small and medium enterprises (MSMEs) in March, 2015 was 5, 37, 286. This was informed by the Minister of State, Micro, Small and Medium Enterprises, Giriraj Singh in a written reply to a question in Lok …
Women entrepreneurship development program @ KVCI
The government will step up the training program me to women entrepreneurs to boost Khadi, Village and Coir Industries in India. The women training program me is being intensified in the country as part of Prime Minister’s Employment Generation Program me (PMEGP). The program me which provides cr…
Skill Development Critical for MSME | S Ramadorai, Chairman, NSDA
In Conversation with S Ramadorai, Chairman of National Skill Development Agency (NSDA) Prime Minister Narendra Modi has taken it as passion to push vigorously “Skill India Mission” to take advantage of India’s demographic dividend to promote Make in India so that country became a global manufact…
Kamal Meattle, CEO– PBC | An MSME that lets you breathe easy @ work
Innovator: Kamal Meattle, CEO – PBC, is the brain behind this technology. He Himself being a sufferer of the air pollution, chose to come up with an air quality solution than leaving the city, twenty years back. This is what he writes in smepost.com on the criticality of Wellness @ work. H…
Madan Sabnavis, Chief Economist, CARE Ratings | The SME solution: Managing ‘Management’
All challenges relating to SMEs relate to different facets of management. These are governance management, client management, infrastructure management, quality management and financial management. These five issues pose both a challenge for these enterprises as well as pointers for policy makers…
Ajay Sahai, Director General & CEO, FIEO | Facilitating MSME Exports through addressing core issues
Indian exports clocked a Compound Annual Growth Rate( CAGR) of 15.36 % between 2004-05 to 2014-15. However, the CAGR has come down to 8.56% during 2009-10 to 2014-15. The decline in CAGR is primarily on account of the fact that we witnessed negative growth in 2 out of last 5 years. Moreover, the …
K R Sudhaman, Editor, SMEpost.com | Modi is on right track to push MSME
Micro, Small and Medium enterprises (MSME) have rightly taken centre stage of India’s economic model as it is home to the world’s largest working population. Every year over 12 million enter the work force and it is expected to grow to a humongous 800 million. If there is one sector that could a…
Richard Verma, US Ambassador to India | US strong supporter of ‘start up India, stand up India’
US Ambassador to India Richard Verma said his country has been a strong supporter of Prime Minister Narendra Modi’s “Start Up India, Stand Up India” initiative and American entrepreneurs are looking to create opportunities in the country. In this context, Verma cited Qualcomm Ve…