Noida Entrepreneurs Association is one of the pioneer Associations in UP. It has been functioning since 1978. Right from the beginning, NEA has been trying to bridge the gap between its member-industries and Government bodies and is determined to further eliminate this gap. It’s Committee/Members…
Tag: MSME
MSME sector has emerged as vibrant and dynamic | Amenba Yaden
Parliamentary Secretary for Industries & Commerce, Amenba Yaden has asserted that Micro, Small & Medium Enterprises (MSME) sector has emerged as a vibrant and dynamic sector of the Indian economy over the few decades. He said this after inaugurating National level vendor development progr…
CII initiative to improve manufacturing prowess pays rich dividends
For the 13 textile units in Tirupur knitwear industry, which became the part of the Confederation of Indian Industry’s first cluster constituted a year back to improve manufacturing excellence on a consortium platform, the initiative has paid rich dividends. An assessment carried out revealed tha…
Govt to insulate VAT revenue from fluctuating fuel prices
The Cabinet has given its nod to a Bill that will give the government the right to impose VAT on Petrol and Diesel on percentage basis or per litre basis. That will insulate the VAT revenue from fluctuations in price of fuels and ensure fixed revenue. Presently, the tax is imposed on percentage b…
Vodafone business services bet big on SMEs in Punjab
Reiterating its commitment to the Governments vision of Digital India and Make in India, Vodafone Business Services (VBS), the enterprise arm of Vodafone India, unveiled its growth strategy to double its Channel partners and target of the Small & Medium Business segment (SME) in India and spe…
Plea to expedite release of incentives to MSMEs
B.V. Rama Rao, Chairman, Micro, Small and Medium Enterprises Development Corporation of India (MSMEDCI) said that the State governments have not been releasing promised incentives within the stipulated time to the MSMEs. Rao said that though the State governments offer various kinds of incentives…
Birla Sun Life solution for SMEs
The Birla Sun Life insurance company has created a solution for doctors as well to help them have protection and offered protection counselling to look at their needs. Similarly, a wealth-creation solution was designed for SME employees. In the innovation lab, Birla Sun Life also takes help from …
Gujarat Budget gives Rs 5,000 Cr subsidies
Gujarat government which has allocated Rs 5000 crore worth of subsidies in this year’s state budget has apportioned Rs 596 crore to revive the ailing MSME units in the state For the ailing MSME sector, a provision of Rs 596 crore has been made, the budget presented to Gujarat finance Minister, Sa…
Bengal to empower 5 lakh craft artisans in 5 years
West Bengal has chalked up an ambitious plan which will benefit five lakh artisans over the next five years after the successful rollout of 10 Rural Craft Hubs (RCH). The RCH project was initiated in 2013 in collaboration with UNESCO. We have been successfully completing the project signed betwee…
Leading stock exchanges differ on SME trading lots
The country’s two leading stock exchanges — the Bombay Stock Exchange and the National Stock Exchange — are unable to form a consensus on the issue of minimum trading lot size for the platform they have created for Small and Medium Enterprises (SMEs). Currently, the minimum lot size for the SME s…