A Micro Small and Medium Enterprises (MSME) technology center will be set up at Borai Industrial area in Durg district of Chhattisgarh. Union Minister for MSME Kalraj Mishra on August 12 laid foundation stone for the MSME center or a tool room at village Rasmada. This MSME centre is the 12th in c…
Tag: Kalraj Mishra
Amendment to Companies Act will help boost fund flow for MSMEs: Arun Jaitley
Finance Minister Arun Jaitley has said amendments to the Companies Act 2013 being considered by Parliament will help ease institutional fund flow to small businesses, acknowledging this has been an issue with the MSME sector that has also not received adequate policy attention. “There were …
MSME Databank launched; salient features you need to know
Union Finance Minister Arun Jaitley has launched the MSME Databank alongside Online Finance Facilitation Web Portal at the 14th National Board for MSME Meeting in New Delhi on August 11. The portals aim to provide collective funding options for MSMEs sourced from major financial institutions. “Th…
Govt launches performance, credit rating scheme for MSMEs
A performance and credit rating scheme has been launched by the MSME Ministry to assess the capabilities and creditworthiness of the industries in the sector, Lok Sabha has been informed. “The Ministry of MSME through National Small Industry Corporation Limited is implementing Performance a…
Relief for MSME pump makers as Andhra Pradesh HC stays tender
In a major relief for pumpset makers in the MSME (Micro, Small and Medium Enterprises) segment, the Andhra Pradesh High Court has stayed the tender by ‘Energy Efficiency Services’ (EESL) of the Union Power Ministry for buying 1.5 lakh submersible pumpsets in the state. EESL recently f…
KVIC to set Khadi stall in Parliament
The Khadi and Village Industries Commission (KVIC) is all set to tap the Members of Parliament to help take Khadi to the nook and corner of the country. Lok Sabha Speaker, Sumitra Mahajan has agreed to a request from the KVIC Chairman, V.K.Saxena, to allocate space to set up a stall within the Pa…
KVIC launches vouchers to attract customers; increase sales
Khadi and Village Industries Commission (KVIC) said it has launched gift vouchers to attract more customers and increase its sales. The vouchers are in the denominations of Rs 500, Rs 1,000 and Rs 5,000. KVIC Chairman V K Saxena said: “The scheme would particularly be helpful for corporate …
Monsoon Session of Parliament | Agendas concerning MSMEs
Carry your umbrellas as the Monsoon Session of Parliament is expected to rain bills. From Goods and Services Tax (GST) to MSME Development (Amendment) Bill, this hot and humid session has a lot on its plate for the MSME Sector. A total of 11 Bills are pending in the Lok Sabha and there are as [&h…
India’s Coir export increase by 17 per cent | Kalraj Mishra
Coimbatore, July 16: Union MSME Minister Kalraj Mishra inaugurated India International Coir Fair (IICF-2016) showcasing a wide range of coir products. This expo is believed to be the largest coir confluence in the world. Organised by the Coir Board, under ministry of micro, small and medium enter…
Technology for bio-conversion of coir pith into manure
Researchers in Coir Board have developed a technology for bio-conversion of coir pith into an organic manure, which has the quality of replacing urea, a top official of the Board said. The Allapuzha Research Centre of the board has come out with the technology by which Coir Pith Organic Manure ca…