India and Jordan discussed ways to increase cooperation in diverse areas like customs taxation and visa to promote trade and investments between the two countries on July 5. The discussions were held during the 10th India-Jordan Trade and Economic Joint Committee (TEJC) meeting held in New …
Tag: Nirmala Sitharaman
Sitharaman urges MPs to set-up start-up incubators under MPLADS Fund
Government’s ambitious Startup India initiative seems to be at the heartland of Commerce and Industry Minister Nirmala Sitharaman. The Union Minister has been continuously striving for the promotion and utilization of the scheme to build a strong start-up environment in the nation. Sitharaman, in…
PM to inaugurate 3-day textile exhibition in Gujarat; J’khand to pavilion exclusive session
Textiles India 2017, claimed to be the largest textiles show ever held in India, is all set to be inaugurated by Prime Minister Narendra Modi in Gandhinagar on June 30. The mega 3-day global exhibition will bring about an opportunity to interact with over 1500 exhibitors spread over 78,000 square…
Govt to set up workspace for start-ups in Mangaluru
India’s first government-owned co-working space for start-ups is set to come up in Mangaluru, offering cutting-edge technology such as 3D printing and new-age digital infrastructure, such as high-speed Internet. “We felt there was a great dem and for a co-working space in Mangaluru. Many start-up…
GST implementation won’t trigger price rise, says Nirmala Sitharaman
Allaying apprehensions that GST (Goods and Services Tax), to be rolled out from July 1, will cause negative growth and confusion, Union Minister of State for Commerce and Industries Nirmala Sitharaman said the GST will not trigger a price rise. In fact, it will bring down the prices besides accru…
5 features of the Startup India Hub that you should know of
The Startup India Hub was launched on June, 19th by Nirmala Sitharaman, Commerce & Industry Minister. The Hub will act as a platform for all the stake holders of Startup India, including startups, investors, funds, mentors, academia, incubators, accelerators, corporates, Government bodie…
Ancillary units should expand business activities: Nirmala Sitharaman
Union Minister of State for Commerce and Industry Nirmala Sitharaman on June 23 called upon the ancillary units of BHEL to diversify and expand their business activities in various areas and supply products without remaining dependent on the strength of the public sector giant. Speaking…
Will recommend review of GST, Nirmala Sitharaman assures industries
Union Minister, Nirmala Sitharaman, has assured trade and industry that their grievances on GST would be taken up with the government and she would personally recommend having a review three months after its implementation. Responding to queries about fixing the slab for different trades and…
Cabinet may give nod to Rs 2k cr Credit Guarantee Fund in July
The proposed credit guarantee fund that will help startups get collateral-free loans is likely to get the cabinet nod in July. The fund, with a total corpus of Rs 2,000 crore, was announced in January 2016 by Prime Minister Narendra Modi to enable greater financial support for startups. “We…
India plans SAARC meet for start-ups: Nirmala Sitharaman
India is planning to organise a meet of start-ups of the South Asian region for exchange of new ideas and promoting interaction among them. Commerce and Industry Minister Nirmala Sitharaman also sought views of Indian start-ups to hold this programme. “I will be working towards having a SAARC (So…