Tag: MSMEs

Over 5,000 MSMEs in Nashik district get online registrations

In the last 10 months, about 5,070 Micro, Small and Medium Enterprises (MSMEs) in Nashik district have been registered online for Udyog Adhaar. The district is still only in sixth in online registrations as compared to Pune, which topped with a total of 11,012 registrations so far. After Pune, Th…

Power tariff hike hits MSMEs in poll bound UP

The increase in power tariff announced by the Uttar Pradesh Electricity Regulatory Commission (UPERC) on August 1, will adversely affect MSMEs in the poll bound state. MSMEs in U.P. are already battling economic slowdown and frequent power cuts. UPERC has announced a four per cent increment in po…

Govt launches performance, credit rating scheme for MSMEs

A performance and credit rating scheme has been launched by the MSME Ministry to assess the capabilities and creditworthiness of the industries in the sector, Lok Sabha has been informed. “The Ministry of MSME through National Small Industry Corporation Limited is implementing Performance a…

Relief for MSME pump makers as Andhra Pradesh HC stays tender

In a major relief for pumpset makers in the MSME (Micro, Small and Medium Enterprises) segment, the Andhra Pradesh High Court has stayed the tender by ‘Energy Efficiency Services’ (EESL) of the Union Power Ministry for buying 1.5 lakh submersible pumpsets in the state. EESL recently f…

MSMEs in Punjab to be provided power at concessional tariff

It’s raining sops during the election year in the poll-bound Punjab and the latest is relief in power tariff to industry and domestic consumer. Punjab Deputy Chief Minister announced that there would be no tariff revision for the domestic consumers and MSMEs in the state would be offered po…

Tolexo to connect MSMEs in MP to a significantly wider market

New Delhi, July 27, 2016: In a constant bid to enable MSMEs across India to bolster their business, Tolexo, India’s largest online marketplace for business goods and supplies has signed an MoU with Madhya Pradesh Laghu Udyog Nigam Pvt Ltd (MPLUN). The MoU was signed in the august presence of Chie…