Tag: MSME

Naidu launches AP MSME Development Corporation with Rs 100 cr corpus

Naidu lays foundation stone for MSME technology centre

Andhra Pradesh Chief Minister N Chandrababu Naidu laid the foundation stone for an MSME technology centre near here under a World Bank-funded programme. He said he has been visiting various countries to get investments so that Andhra Pradesh is able to compete with other states in the field of in…

CII meet turns focus to MSMEs

In the wake of recent policy reforms in the defence sector, including the release of the Defence Procurement Procedure (DPP), the Confederation of Indian Industry (CII) organized a meeting on July 22, wherein defence and procurement experts highlighted the opportunities available to Micro Small a…

Research centres for development of handicraft market

Upcoming Hastkala Academy to undertake Research on Development of Handicrafts Government has initiated a proposal for establishment of a Hastkala Academy at New Delhi under which research work on development of handicrafts will be taken up. Steps for making Handicrafts competitive in the internat…

IIM Indore to introduce certificate course for MSMEs

The Indian Institute of Management (Indore) will be introducing a certificate programme for MSMEs and family-run businesses from the month of August or September. A bill has also been drafted by the government in connection with the IIMs to give degrees to their students which will be discussed i…

Monsoon Session of Parliament | Agendas concerning MSMEs

Carry your umbrellas as the Monsoon Session of Parliament is expected to rain bills. From Goods and Services Tax (GST) to MSME Development (Amendment) Bill, this hot and humid session has a lot on its plate for the MSME Sector. A total of 11 Bills are pending in the Lok Sabha and there are as [&h…

Among MSMEs, services sector outpaces manufacturing

CRISIL’s analysis of the performance of 4,000 Micro, Small, and Medium Enterprises (MSMEs) between FY 2013 and FY 2015 shows the growth of the services sector handily outpacing the manufacturing sector. While the services sector grew at a Compound Annual Growth Rate (CAGR) of 20 per cent, d…

GST Bill likely to pass in Monsoon session; SMEs bullish on the turn around

With the Monsoon Session kicking off, small and medium business players seem enthused by the likeness of Goods and Services Tax (GST) Bill being passed by the Parliament. The NDA government has sought an all-party support in the passage of this long-pending bill, which seeks to create a uniform i…