CII-CRISIL Report recommends action points to increase MSME ratings The Reserve Bank of India (RBI) is initiating a process for putting in place a framework for accreditation of credit counsellors who are expected to serve as facilitators and enablers for micro and small entrepreneurs. RBI Deput…
Tag: MSME
Odisha to help set up 1,000 startups in five years
The Naveen Patnaik government in Odisha on August 23 cleared a startup policy that it plans to launch later this week at an investor meeting in Bengaluru. Patnaik is hoping to get his state among the top three in the race of competitive federalism pushed by the central government. The state cabin…
Investors in medical devices park promised built-up space
Investors in India’s first dedicated medical devices manufacturing park coming up at Nadupuru village near Visakhapatnam Steel Plant have been promised up to one acre of land each with 80 per cent built-up area. As of now, officials said, they had acquired over 200 acres with a promise to increas…
Thrust on MSME sector for creating job opportunities: Amit Shah
BJP President Amit Shah, who was in the city on August 19, 2016 for a ground-breaking ceremony of the MSME Development Institute in Ahmedabad, said that post-independence the BJP government took a “holistic view” of industries and framed policies for “Khadi” as well as for big companies in India…
Quality standards soon for SMEs to bag private, govt contracts
Small and Medium Enterprises (SMEs) may soon have to step up quality of products and services in order to bag private and government supply contracts. As part of the government’s ZED (zero effect, zero defect) initiative, SMEs will have to compete to get gold, silver or bronze quality certificati…
Even in India quality is possible | Adil Zainulbhai, Chairman, QCI
On the eve of 11th National Quality Conclave aimed at creating an ecosystem for quality in India, Quality Council of India (QCI) interacted with public via twitter on #QualityMatters. Chairman of QCI, Adil Zainulbhai led this engagement on the theme – ‘Even in India Quality is Possib…
Co-Bots next big thing for MSMEs
Micro, Small and Medium Enterprises (MSME) and startups in India could well see a revolution in the way they do business. Collaborative robots, or co-bots in short, according to Pradeep David, General Manager, Universal Robots, India are being promoting to assist in sustaining the Make in India i…
SMEs attracting women with offers of greater flexibility
A mix of greater flexibility, more mentoring and a personalised management style is attracting more and more women, especially those who are restarting their career after a break, to smaller organisations, experts say. “Women have begun working in smaller organisations in order to obtain gr…
Chhattisgarh gets a MSME centre in Durg district
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…
GST to improve ease of doing business: Jaitley
Union Finance and Corporate Affairs Minister Arun Jaitley said that the Goods and Services Tax regime, once implemented, will improve the ease of doing business in the country. Jaitley, who was speaking after launching two new initiatives for entrepreneurs by the Ministry of Micro, Small and Medi…