Tag: MSME Ministry

MSME Ministry begins design workshop for manufacturing units

The Micro, Small and Medium Enterprises (MSME) Ministry started a national workshop to impart design expertise to manufacturing units with an aim to enhance product competitiveness. MSME Minister Kalraj Mishra inaugurated the National Workshop on Design Clinic Scheme under the National Manufactur…

KVIC to tap e-Commerce to reach Rs 5k cr sales by 2018

Mumbai: Khadi and Village Industries Commission plans to adopt e-commerce in a “big way” to reach its sales target of Rs 5,000 crore by 2018, a top official said. “We are in talks with e-commerce players and are targetting online sales in a big way to reach our sales target of R…

Flush with funds, lenders must rethink SMEs’ credit support: Sitharaman

In an interview, Commerce Minister Nirmala Sitharaman said that even though micro, small and medium enterprises (MSMEs) are facing problems due to demonetisation, they will be the ones getting a better access to capital later as the banks are flushed with money now with high number of deposits in…

FoIJ demands establishment of Food Park for MSME sector

Jammu: Federation of Industries Jammu (FoIJ) has demanded establishment of Food Park for the MSME sector in the State. Chairman, of the Federation of Industries, Jammu Lalit Mahajan along with Ajay Langer, General Secretary, BBIA and Viraaj Malhotra Secretary/ Treasurer, BBIA attended one day “Co…

PM Narendra Modi to launch National SC/ST Hub on Oct 18

Prime Minister Narendra Modi will unveil key initiatives and a hub to provide support to entrepreneurs from the SC/ST community in Ludhiana on October 18. The Prime Minister will also launch zero defect, zero effect (on environment) (ZED) scheme, distribute charkhas to women and present national …

NSIC reduced the interest rates & registration fees for Micro Enterprises

National Small Industries Corporation (NSIC) announced reduction in fees and single point registration for MSMEs to mark Gandhi Jayanti this year. “In credit support for Raw material, NSIC is offering reduction in the rate of interest for Micro Enterprises, ranging from 10.50 percent p.a. to 11.5…

MSME Ministry invites application for manufacturing technology partner

The government is trying hard to set up the the network of technology centres which can help MSMEs and entrepreneurs to be more competitive. Office of the Development Commissioner (MSME), Ministry of MSME, Government of India is in the process of upgrading and expanding the network of Technology …

Kalraj Mishra to meet MSME bodies

Union Minister for Micro, Small & Medium Enterprises (MSME), Kalraj Mishra, will meet MSME and industry associations in Madhya Pradesh on September 14. He will be accompanied by Minister of State for MSME (MP govt), Sanjay Pathak. The MSME sector contributes around 9 per cent to India’s…