GSTN will bring online seven million organizations and five billion invoices every month, while street-side micro-entrepreneurs will soon be able to leverage their transaction data through Unified Payment Interface (UPI) apps to access micro-loans
…
Tag: MSME
Mudra loans set to top Rs 2L cr in FY18; WB, TN, Bihar biggest recipients
Nearly four million small entrepreneurs, involved in diverse businesses ranging from neighbourhood grocery stores to micro dairy units and carpentry services, availed loans up to Rs 10 lakh in 2016-17 through the scheme.
…
FISME & SIDBI lay track to accelerate MSE procurement in Railways
FISME urges for 100% reservation on development orders for new firms with reduction in registration fee, SIDBI to jointly work with industry associations to disseminate information about the opportunities for MSMEs to work with Railways
…
Odisha Export Policy 2017: State targets Rs 1L cr export turnover by 2025
Focusing on the promotion of exports from both traditional and non-traditional sectors in the state, Odisha Export Policy 2017 has been drafted in line with Foreign Trade Policy of India (2015-2020), the Secretary informed.
…
Axis Bank launches digital invoice discounting platform for MSMEs
To help micro, small and medium enterprises (MSMEs) and improve their quality in accessing funds, Axis Bank launched its digital invoice discounting platform, Invoicemart. Invoicemart is a digital invoice discounting platform created by A.TREDS, a joint venture of Axis Bank, India’s third-largest…
Karnataka may soon develop a Women Entrepreneur Park with support of MSME Ministry
The Karnataka Industrial Area Development Board (KIADB) and District Industries Centre (DIC) have proposed to setup a Women Entrepreneur Park in Thandavapura region, and awaiting approval of the Ministry of Micro, Small and Medium Enterprises (MSME), an official aware of the project said. Spread …
International Training Workshop organised by QCI-GIZ to improve MSME ecosystem
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and Quality Council of India (QCI) are organising a two-day international training workshop for Business Membership Organisations (BMOs) themed ‘MSME Cluster: Innovation & Internationalisation Strategy’ from July 20 to July 21, in …
Govt has scrapped about 1200 laws to encourage start-ups: Amitabh Kant
To encourage entrepreneurs, the government has removed around 1,200 complex laws and procedures for easy registration of start-ups in the country, Niti Aayog CEO Amitabh Kant said on July 18, at the Entrepreneur India Congress 2017. According to Kant, the government has taken many steps especiall…
MSME-DI Srinagar organises ZED Certification awareness prog for MSMEs
An awareness programme on the Government of India sponsored Zero Defect, Zero Effect (ZED) Certification System for MSMEs (Micro, Small and Medium Enterprises) was organised on July 17, by The Micro, Small and Medium Enterprises Development Institute (MSMEDI) Srinagar. The programme enlightened d…
Industrial township with dedicated MSME Hub likely to come up in Howrah
The hub will be a part of an upcoming industrial township in Howrah district, without disturbing any existing activity, which the government is likely to announce in coming three months, Sinha informed.
…