The faculty of engineering colleges will provide training to unemployed youth, including school dropouts, as the government kicks off an ambitious plan that aims at imparting skills to over 10 lakh people to make them employable in the next three years. The scheme- ‘PMKVY by Technical Insti…
Tag: ‘Skill India
Deskera launches technology enabler program for SMEs and youth
Deskera, an Enterprise Resource Planning (ERP) software, will now allow SMEs to get loans approved quickly and without hassle from banks- by helping financial institutions tap into the real-time financial data of businesses. With the help of Deskera ERP, any enterprise can quickly apply for a loa…
1.04 crore people benefitted from Skill India program, up 36.8% from previous year | Rajiv Pratap Rudy
As the Narendra Modi government completes two years in office, it has been reported that over 1.04 crore people have benefitted from the Skill India program – a massive 36.8% higher than the previous year, according to recorded data. “The skill training and development ecosystem has s…
Budget 2016 ensures ‘Small is Big’; SME tax exemption limit elevated
In view with the growing demand to push the statistically proven economy drivers of the nation, government has unveiled Budget 2016, proposing to offer tax exemptions for SMEs. Units with turnover of up to Rs. 2 crore will have the benefit of the pitch. The threshold is twice the previous limit u…
World Bank to help upgrade 400 ITIs
In a boost to Skill India Mission, the government has joined hands with the World Bank for upgrading 400 Industrial Training Institutes (ITIs) across the country. The World Bank will make financial infusion of $280 million in the form of assistance for the upgradation of the ITIs spread over 34 s…
Budget will boost many sectors in Goa | CM
Stating that the Union Budget would be win-win situation for Goa, Chief Minister Laxmikant Parsekar on February 29 said that each village panchayat in the state will get Rs 80 lakh, while each Municipal Council will get Rs 21 crore from the Central Government in the coming financial year. Stating…
Arun jaitley makes ‘room’ for Startups & SME, supporting act falls short of an Oscar
In a speech peppered with references to startups and MSMEs, Finance Minister Arun Jaitley in his Budget presentation for 2016-17 had a series of policy initiatives and schemes that aimed at easing the hurdles that startups face and ensuring MSMEs in the country get a boost. Launching the Startup …
Economic survey 2016 | 19,000 startups in India but exit options are bleak
While India’s startup ecosystem continues to develop at a rapid pace, the exit options for risk capital investors, who have poured in billions of dollars backing home-grown ventures, remain bleak, according to the Economic Survey 2015-16 released by the Government on Friday, and which was t…
MSME Growth to be New Mantra of Govt | President Pranab Mukherjee
President Pranab Mukherjee has indicated MSME development, which has large-scale job creation potential, will be the new mantra of the Prime Minister Narendra Modi Government which presents its second full budget on February 29. In his address to the joint sitting of Parliament, Mukherjee said Mo…
Linkage of fashion with handlooms & handicrafts would be beneficial | Santosh Kumar Gangwar
People in all corners of the globe should proudly ask for “Made in India” Handicrafts: this is the dream that the Textiles Minister Santosh Kumar Gangwar laid out before the members of the Parliamentary Consultative Committee of Ministry of Textiles, held at NIFT, Hyderabad on the eve of the inau…