Concerned about a majority of state-owned firms not meeting the norm of 20 per cent Procurement from Micro and Small Enterprises, CII has called for a strong co-ordination mechanism between the Ministry of MSME and other stakeholders. The industry body is in the process of submitting a set of sug…
Tag: MSME
Indian SMEs favour long-term ties with Chinese investors: Kalraj Mishra
NEW DELHI: Indian small and medium enterprises are seeking a long-term partnership with Chinese entrepreneurs and investors in IT, mobile components and auto ancillaries, said MSME Minister Kalraj Mishra in Guangzhou. India participated in the 13th China International Small and Medium Enterprises…
Corporation Bank eyeing Rs. 4,500-cr MSME loans
Corporation Bank is looking to disburse Rs. 4,500 crore of loans to MSMEs (micro, small and medium enterprises) during the next few months, CK Gopal, General Manager, said. He said, “The bank has launched a special four-month campaign in this regard. This campaign, which began on October 1,…
Govt ready to promote diversification in agri-sector: Giriraj Singh
Union Minister of State for MSME Giriraj Singh said the central government is committed to promote diversification in the agriculture and the food processing sector. “Farmers in Punjab must venture into diversification in agriculture so that they can reap good financial dividends,” he…
MSMEs are capable of pushing the country’s development: Centre
Emphasising on the need to give push to Micro, Small and Medium Enterprises (MSMEs), the Centre on October 6 said the sector is capable of providing new dimension and push to country’s development. “Since the MSME sector is capable to provide new dimension and push the country’…
Odisha to organize ‘Start-up Enclave’
Odisha government decided to organise ‘Start-up Enclave’ here to boost confidence of budding entrepreneurs in the state. A proposal to this effect was taken in a high level meeting held under the chairmanship of Chief Secretary A P Padhi. “It was decided to organize the event fo…
5 crucial aspects money lenders check before disbursing credit
Written exclusively for SMEpost.com by Harshvardhan Lunia, Co-Founder & CEO of Lendingkart Technologies The universal law of business states that ‘money makes money’. Every businessman is well-aware of the scope and opportunity that the influx of capital can bring to their business. This is w…
Single window system for MSMEs in Uttar Pradesh
Uttar Pradesh Government has approved the single window clearance system for all the MSME units in the state. Nitin Agarwal , Minister for MSME & Export Promotion, Government of Uttar Pradesh confirmed the news while thanking Chief Minister, Akhilesh Yadav on social media. Interesting…
Start-up policy launched to set up MSME units in MP
Bhopal: First-of-its-kind start-up policy was launched by Union Minister for Micro, Small and Medium Enterprises (MSME) Kalraj Mishra and Chief Minister Shivraj Singh Chouhan during the inaugural session of two-day MSME convention on October 1. Chouhan said facilities and assistance given to set …
Gandhi Jayanti Special: Evolving a Swachh Bharat with the spearheads of MSMEs
National Small Industries Corporation (NSIC) brought together the MSME leaders who paid rich tribute to the father of the nation on the occasion of Gandhi Jayanti, and swept clean the path ahead for MSMEs. To help fulfill Mahatma Gandhi’s vision of ‘Clean India’, Union MSME Minister Kalraj Mishr…