Finance Minister Arun Jaitley in his upcoming budget speech is expected to address issues plaguing the manufacturing sector, announce measures to curb pollution and give a fresh push to the Skill India programme. Jaitley recently talked about the need to “to put our house in order” so as to help …
Tag: ‘Skill India
India-Australia to cooperate in rooftop solar
India and Australia may soon cooperate in roof top solar, which is gaining ground with several states putting in place regulation for net metering, an arrangement that gives credit for solar power generation. Renewable Energy Minister Piyush Goyal met his Australian counterpart Mark Bailey on Feb…
Dena bank inaugurated the 4th India SME banking conclave
In India about 20% of SMEs close within 1 year of operation and about 50% wind up within 5 years due to various factors which are not conducive to SMEs. SMEs should approach Banks at the start of the distress and Banks should also proactively support the genuine SMEs in difficult situations. Spea…
Rs 1 lakh crore disbursed in loans for small businesses | Amit Shah
Narendra Modi government has ensured that more than Rs one lakh crore in loans is disbursed to micro units and enterprises in just one financial year, BJP President Amit Shah on February 1 said as he termed it as a big “success” in providing self employment to people. Addressing a gat…
Budget 2016 should enable & empower SMEs to be the growth engine of ‘Make in India’ | Raktim Das
A young country with 70% of its population below the age of 30 years, brewing with the spirit of entrepreneurship and a desire to tread the line of ‘Start up India, Stand Up India’ – that’s the new ‘Incredible India’. Juxtapose this with some of the comparative advantages that we enjoy like abund…
MSME Employment generation grew at 73 per cent during 2009 – 15 | CRISIL Study
An analysis of about 5,500 Micro, Small and Medium Enterprises (MSMEs) which are engaged in manufacturing activity and which approached CRISIL for renewal rating between 2009 and 2015 shows that employment generated by these units grew at 73 per cent over these seven years. In 2009, the MSMEs pro…
Exclusive | All eyes on Budget to empower & enable MSMEs | Ravindra Nath, NSIC MD
If one organization truly believes in the motto ‘Small is big’ it is the National Small Industries Corporation (NSIC). NSIC has worked untiringly towards making a success story of the small and medium enterprises. The ‘Mini-Ratna’ public sector enterprise under the Micro, Small and Medium Enterpr…
Exclusive Interview | Kalraj Mishra sees big thrust to MSMEs in the Budget
For a man who has built a reputation being a hard core Hindi heartland politician, he deals with complex matters of business and economy with equal ease. Driving the fortunes of India’s fledgling Micro, Small & Medium Enterprises (MSME) sector, Kalraj Mishra has many aces up his sleeves. Mish…