Rajasthan Government will tweak policies to facilitate the uplift and upgrade diamond, gems and jewellery industry, which are mostly in the SME sector and have huge potential for job creation. Indicating this, Rajasthan MSME principal secretary Rajeeva Swarup said the diamond, gems and jewellery …
Tag: MSME
Tech upgrade key for MSMEs | Shripad Yesso Naik
Technology up-gradation is a big concern for MSMEs, need to adopt latest technology to compete with rest of the world, the awareness and affordability of Information and communication technology (ICT) tools is relatively low, said Union Minister Shripad Yesso Naik. Minister of State (I/C) for AYU…
Exclusive | SMEs faces data and definition issues
By K R Sudhamaan Inflation and frequent spurt in prices have created problems in defining what constituted micro, small and medium enterprises in the country. This is an issues that comes to the fore periodically, particularly government goes for new census on MSME in the country. Several econom…
SMEs to drive ‘Make In India’ in defence
It is imperative for Indian SMEs to integrate themselves into the supply chains of national and international defence majors to reduce dependence on foreign supplies and gain a foothold in the international market, Union MSME Minister Kalraj Mishra said today. “India, till the recent past, …
New rating scheme mooted for MSME | Anup Pujari | MSME Secretary
A new rating scheme called ZED Maturity Assessment model is being worked by government for small and medium enterprises, official sources have said. The scheme is aimed at aligning micro, small and medium enterprises with global standards by offering support through Quality Council of India. MSME…
Karnataka in race to 20,000 start-ups by 2020
Karnataka had announced that it would facilitate the birth of 20,000 start-ups in the state by 2020.These ventures will help to create 18 lakh jobs — 6 lakh direct and 12 lakh indirect. The state proposes to offer entrepreneurs financial incentives to get them going. The Rajasthan government rece…
Only strong SMEs can ‘Make in India’ possible | Kalraj Mishra
Partnership with global SME partnerships is critical for the growth of Indian SMEs as well as for the success of the Prime Minister’s visionary ‘Make in India’ initiative, MSME Minister Kalraj Mishra told a CII Global SME Business Summit in New Delhi. The importance of SMEs has been s…
The S&P BSE SME index less prone to volatality
The BSE SME index on Tuesday retreated to 756.20 points a drop of 14.45 points from Monday’s close of 770.65 in tandem with the prevailing sentiments in the equity markets. Equity markets have been overwhelmed by uncertainty as evident from the nearly 220 basis points drop in the BSE sensitive in…
MSME Ministry implements National Manufacturing Competitiveness Programme
Ministry of Micro, Small and Medium Enterprises (MSME) is implementing the National Manufacturing Competitiveness Programme (NMCP) to develop global competitiveness among Indian MSMEs. Speaking at the Lok Sabha, Minister of State, Micro, Small and Medium Enterprises, Shri Giriraj Singh said the t…
Over Rs 50 crore worth application from MSMEs in biz bridge 2015
Loan applications worth over Rs 50 cr were received from MSMEs, both existing and prospective, in the east, particularly West Bengal, at the four-day Biz Bridge 2015, the largest manufacturing and engineering exhibition and conference in the East, which ended at Milan Mela on December 6. CII will…