Prime Minister Narendra Modi said, on Sunday a full action plan of the ‘Start-up India, Stand-up India’ programme, aimed at providing fresh impetus to entrepreneurship at the grass-root level, will be announced on January 16. In his monthly ‘Mann ki Baat’ radio programme, Modi said, “A structure …
Policy
Steps to boost MSMEs, exports amid global cues | Nirmala Sitharaman
The government is taking necessary measures to support small and medium industries keeping in view a sluggish global situation that has led to fall in country’s exports, Commerce and Industry Minister Nirmala Sitharaman said. “It cannot be denied that the global situation has been dep…
Boost for Varanasi textile cluster | Gangwar lays foundation stone for ITOC
The Government has decided to set up an Integrated Textile Office Complex (ITOC) at the Indian Institute of Handloom Technology (IIHT) in Varanasi. The proposed office complex will house all offices in Varanasi under the textiles ministry, which work for the welfare of weavers. The Textiles Minis…
Govt. gives ERP edge to Handloom Corporation under Digital India
In line with the Digital India initiative, National Handloom Development Corporation Ltd. (NHDC) has decided to implement Enterprise Resource Planning (ERP) system for its commercial activities for the benefit of Handloom weavers. The ERP system will improve productivity, increase efficiency, dec…
Technology, Entrepreneurship & Skill to drive growth | Top Eco ‘Babus’
Top government officials have said that government is pursuing reforms with gusto giving thrust to entrepreneurship, skill building and greater technology diffusion which are key to high industrial growth particularly MSMEs that had had huge job potential. India needed to achieve high growth path…
Exclusive | Electronic cluster to be set up in Noida to benefit MSMEs
An electronics manufacturing cluster on a 210-acre plot is coming up in Noida after the Development Systems Corporation Ltd. and Taiwan Electrical and Electronics Manufacturers Association signed a Moue. In the first phase, Taiwanese units will invest Rs 500 crore and this will generate employmen…
National Manufacturing Competitiveness Programme | Enhancing the value chain of MSME
Government has come out with a National Manufacturing Competitiveness Programme to enhance the entire value chain sector and develop global competitiveness among Indian micro, small and medium enterprises. Indicating this, the Minister of State for MSME, Giriraj Singh listed out various schemes u…
Market Development Assistance to KVIC | Boost to MSMEs
The government will provide Market Development Assistance to Khadi and Village Industries. Aimed at boosting Khadi, the government will provide rebate at the rate of 20% of their actual production against sanctioned target. of this, 25% will be earmarked for the payment to spinners and weavers as…
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…
Big industries must support MSMEs | Kalraj Mishra
With large industries and banks not expressing enough interest for the growth of medium and small enterprises, the atmosphere across the country for MSMEs has not been favorable. To ensure that there are zero impediments for small and medium scale industries to flourish, the Central Government ha…