New Delhi will most probably host a Commonwealth SME (small and medium-sized enterprises) summit in May as the next stage in a bid by the 52-nation association to evolve an ease of trading accord, which is aimed to be formally announced at the Commonwealth Heads of Government Meeting (CHOGM) in L…
Tag: Nirmala Sitharaman
India to reach out to global giants for engineering exports
Unfazed by global headwinds and forces of protectionism in some of the leading economies , India will showcase its technological and engineering prowess to top international firms at the 6th edition of the International Engineering Sourcing Show(IESS) at Chennai , expecting significant business …
Government plans first start-up district with incubators
NEW DELHI: India will soon have its first start-up district with incubation centres and about 20 tinkering labs for schools aimed at encouraging the creation of innovative solutions in agriculture, health and education. Commerce & Industry Minister Nirmala Sitharaman, who is a Rajya Sabha MP …
DIPP to soon seek Cabinet nod for leather scheme
New Delhi: Commerce and Industry Ministry will soon approach the Cabinet seeking approval for the scheme pertaining to the leather and footwear segment — on the lines of textiles — to boost manufacturing, exports and job creation. In the Budget 2017-18, Finance Minister Arun Jaitley a…
मंगलौर में शुरू हो सकता है भारत का पहला “स्टार्टअप जिला”
एक अखबार की रिपोर्ट के अनुसार सरकार जल्द ही देश के पहले स्टार्टअप जिले को बनाने की तैयारी कर रही है। यह स्टार्टअप जिला इंक्यूबेसन सेंटर, टिंकरिंग प्रयोगशाला, एग्रीकल्चर क्षेत्र में नवीनीकरण, स्वास्थ्य और एजूकेशन की सुविधाओं से परिपूर्ण होगा। इन इंक्यूबेसन के जरिए स्टार्टअप को कार्य करने और व्यापा…
Budget 2017: Arun Jaitley announces sops for demonetisation-hit MSME
Reeling under the pressure of demonetisation, which has weeded out 86% of the country’s bank notes, Arun Jaitley, while presenting his Budget on February 1 focused on startups, and the small and medium enterprises. It meant several tax SOPs for the sector. Jaitely said that corporate tax has been…
Need for promotion of API industry & SMEs to boost pharma industry: IDMA
Apart from promoting pharmaceutical clusters, there are issues related to the API industry which need to be addressed in terms of environmental compliance, power and water costs, grant of compulsory licenses, central and state financial grants for CETPs. These were some of the thoughts deliberate…
Budget 2017: Need better handling of SMEs by banks, says Sitharaman
At the World Economic Forum in Davos, Commerce Minister Nirmala Sitharaman shared her Budget recommendation for the small and medium-sized enterprise (SME) sector and her opinion on the roll-out of goods and services tax (GST) on July 1. Sitharaman suggested better handling of SMEs by banking ins…
StartupIndia 1Year: स्टार्टअप के लिए बजट में नए सिरे से मिल सकती है टैक्स छूट
वाणिज्य एवं उद्योग मंत्री निर्मला सीतारमण ने स्टार्टअप इंड़िया पहल के एक साल के पूरा होने के उपलक्ष्य के मौके पर कहा है कि डिपार्टमेंट ऑफ़ इंडियन पॅालिसी एंड़ प्रमोशन (डीआईपीपी) ने स्टार्टअप द्वारा प्राप्त सुझावों की सूची वित्त मंत्रालय को सौंप दी है। सीतारमण ने कहा कि हमने बीते साल स्टार्टअप से …
Budget 2017: Nirmala Sitharaman hints at tax sops for start-ups
The Department of Industrial Policy and Promotion (DIPP) has submitted a list of suggestions received by startups to the Finance Ministry, Minister of State for Commerce and Industry Nirmala Sitharaman shared on the sidelines of an event marking the one year anniversary of the Startup India initi…