While addressing a press conference held on 8th March at New Delhi, Union MSME Minister Kalraj Mishra hailed Budget 2016 and informed that a sum of Rs. 100 crore has been earmarked under ‘A Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship’ (ASPIRE). The government is keen…
Tag: MSME Ministry
39 Clusters under SFURTI to be approved | Kalraj Mishra
Union MSME Minister Kalraj Mishra highlighted Scheme of Fund for Regeneration of Traditional Industries (SFURTI) during a press conference. He said 39 clusters under SFURTI would be approved with an approximate cost of Rs. 60 crores. It would be benefiting more than 10,000 artisans. The Scheme is…
MSME Ministry announces Rs 10k Cr package for Nagaland
The Union Minister for Micro, Small and Medium Enterprises (MSME), Kalraj Mishra, who visited Nagaland on February 26 to inaugurate the Regional Conclave of MSME at Chumukedima has announced Rs.10,000 crore to be sanctioned for Nagaland for development of the MSME sector in the state. This was st…
If India has to grow, we need to have strong SME rating fundamentals | Varun Mirchandani, ED, ONICRA
Rating of SMEs has worked wonders in getting bank loans and there are empirical evidence to suggest ratings have changed thousands of SMEs into vibrant enterprises with commercial banks coming forward to provide them loans hand-hold them during difficulties. Rating agency ONICRA Executive Directo…
SMEpost.com & WASME forge strategic alliance; announce Super SME Awards 2016 India
February 27, 2016 | World Association for Small and Medium Enterprises (WASME) the first Indian global civil society organization representing SMEs in the global landscape and SMEpost.com, arguably India’s first SME sector focussed digital media platform have signed a Memorandum of Understanding …
Kalraj Mishra lays foundation stone for Tech Centre in Rajasthan
MSME Minister Kalraj Mishra laid the foundation stone for a in Rajasthan along with the state Chief Minister, Vasundhara Raje. The MSME Technology Centre to come up at the Pathredi Industrial Area near Bhiwadi is to be the first of the 15 such new Technology Centres proposed in the country. The…
Exclusive | Outgoing MSME Secretary outlines what to expect in the Budget
For someone who drove positive change at the MSME Ministry, there is optimism in the air. His eyes are focused on February 29 even as he is set to move on. He believes the coming Union Budget would announce path breaking set of policies that would unlock the latent potential of the sector. Meet t…
MSME Ministry to ease access to funds | Anup K Pujari
MSME Ministry is trying to develop a system to ease the access to funds. Under the proposed system, MSMEs which apply for loan will have to fill up a one page questionnaire about their requirement and a two page description regarding what they want to do, said outgoing MSME Secretary Anup K Pujar…
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…
Exclusive Interview | Kalraj Mishra sees big thrust to MSMEs in the Budget
For a man who has built a reputation being a hard core Hindi heartland politician, he deals with complex matters of business and economy with equal ease. Driving the fortunes of India’s fledgling Micro, Small & Medium Enterprises (MSME) sector, Kalraj Mishra has many aces up his sleeves. Mish…