The government will help create an enabling environment and provide financial support to facilitate exports of telecom products, Commerce Secretary Rita Teaotia said. “I would like to assure the government is committed to facilitate exports to other parts of world,“ Teaotia said at a Telecom Equi…
Policy
Govt open to tweaking Start-up Policy | Jayant Sinha
The government is open to tweaking its start-up policy as it aims to encourage enterprenuers to start new companies and provide employment to a larger number of people, minister of state for finance Jayant Sinha said on February 10. “Policy making is a dynamic process. There are no full stops,” S…
South Indian firms keen to invest in Haryana
Chief Minister Manohar Lal Khattar said February 11 that several leading companies of South India had offered to invest in the state to the tune of Rs 3,000 crore. He was addressing a press conference after attending a meeting with entrepreneurs in Chennai , a press release by the government spok…
Chhattisgarh Udyam Aakansha scheme for SMEs
Chhattisgarh government has launched ‘Udyam Aakansha’ Scheme for promoting Micro, Small and Medium Enterprises in the state. “The scheme would facilitate free online registration and self-certification to the investors interested in investment on micro, small and medium enterpri…
Public procurement policy for MSMEs not working | MSME Minister pulls up PSUs
Mandatory 20 per cent procurement by public enterprises from Micro, Small and Medium enterprises came into being on April one 2015 and but it seems to be not working as most of the PSUs have faltered in fulfilling this obligation. This has put several MSMEs in to difficulty. MSMEs account for ne…
Kalraj Mishra reviews MSME Public Procurement Policy
MSME Public Procurement Policy to get fillip. Kalraj Mishra, Union Minister for Micro, Small and Medium Enterprises reviewed Public Procurement Policy by all the Central Government Departments and Central Public Sector Undertakings (CPSUs), after it was reviewed in the PMO. He was unhappy to no…
Commerce Minister Nirmala Sitharaman meets EPCs to address export concerns
Nirmala Sitharaman, Minister of State (Independent Charge) for Commerce & Industry held a meeting on Februray 4 with the Chairpersons of major Export Promotion Councils to review the current trend of exports from India and to take stock of issues faced by the exporters. 11 Export Promotion Co…
Defence Procurement Policy a game changer for MSMEs
Predictably, the Defence Procurement Policy 2016 (DPP) unveiled by Defence Minister Manohar Parrikar has generated much commentary and as is always the case when a new policy is announced by the government – some debate as well. The consensus is that the new DPP will go a long way in addres…
SMEs call for enabling policy to empower e-commerce sector
Small and Medium Enterprises (SMEs) have asked the government to form a friendly policy to liberalise the e-commerce sector. These retailers, who are selling products on e-commerce platforms, want government to treat their virtual shops as technology platform. Recently in a letter to Commerce and…
Defence Procurement Policy to be notified soon | Parrikar
The government will finalise Defence Procurement Policy in next couple of days and this would be notified within 30 days. Defence Minister Manohar Parrikar has announced. Parrikar told a Make in India Summit that the policy will be private sector supported while ensuring that Public Sector units …