To provide a level-playing field to stakeholders, there is a move in government to harmonise policies of retail, FMCG and e-commerce within a single policy framework, NITI Aayog CEO Amitabh Kant said. Interacting with CEOs at FICCI’s annual Retail, FMCG and E-Commerce convention, he said th…
Tag: NITI Aayog
Andhra to get India’s first textile city
India’s first integrated textiles city is likely to come up in Andhra Pradesh. The central government has already initiated the process of identifying land, technology and expertise for the same. According to sources, Textiles Minister Smriti Irani has spoken to Andhra Pradesh Chief Minister N Ch…
Establishment of SMEs necessary for Make in India & overall progress of country: Kalraj Mishra
The Quality Council of India (QCI), a Government of India body which propagates the adoption and adherence to quality standards in all important spheres of activities, organised the 11th edition of its flagship event- National Quality Conclave (NQC) 2016. The two day event was based on the theme …
Women entrepreneurs hold key to achieve double-digit growth rate | Amitabh Kant CEO, Niti Aayog
Amitabh Kant, CEO, Niti Aayog, exhorted women entrepreneurs to exploit their immense innovative power and raise their contribution to India’s GDP. Worldwide, women contribute to 40% to GDP while in India their contribution is 17%. “If women’s share in India’s GDP rises to …
Govt issues guidelines on SC/ST Hub to encourage entrepreneurs
Government issued guidelines related to setting up of the National Scheduled Caste and Scheduled Tribe Hub to provide professional support to entrepreneurs coming from such communities. “The scheme is proposed to be applicable from the date of sanction till March 31, 2020. Total project cos…
NITI Aayog & Intel India sign statement of intent to kick-off Atal Tinkering Lab initiative for young innovators
NITI Aayog has introduced the Atal Tinkering Laboratories (ATL) initiative as a part of its flagship programme – the Atal Innovation Mission (AIM). As part of a crucial effort to efficiently implement the initiative, NITI Aayo signed a Statement of Intent (SoI) with Intel India. The key objective…
After textiles, Niti Aayog for reforms in other job-intensive sectors
In the wake of the Cabinet clearing a Rs 6,000-crore package for the textiles sector recently, NITI Aayog is pushing for similar reforms in other labour-intensive sectors such as footwear, electrical and electronics engineering, besides light manufacturing segments such as umbrella, cutlery and f…
New startups that meet government norms escape tax
New business entities, which meet the government-prescribed definition of ‘startups’, will no longer have to suffer the burden of ‘angel tax’. This will enable them to obtain investments from unregistered venture capital funds or high net worth individuals, without having …
PHDCCI Innovation Summit brings together innovative minds for enhancing MSMEs
MSMEs are the growth engine of Indian economy. Innovation in the sector is both an opportunity and a challenge. To make innovation an integral part of the business plan at SME firms, PHD Chamber of Commerce and Industry, in collaboration with Paytm, Hero Mindmine, Ajeevi and SMEpost.com, organise…
KVIC to come up with Innovation & Incubation Centres through suitable appropriation of underutilized assets | CEO, KVIC, Arun Kumar Jha
Khadi & Village Industries Commission (KVIC) is gearing up to channelize all its energies for suitable appropriation of all its utterly underutilized assets, spread across the country with an estimated amount of Rs.50,000 crores for setting up of innovation and incubation centre for start ups…