The subsidy provided by the government to the Small and Medium Scale Enterprises (SMEs) proves very effective for their success and promotion. The Central and the State governments provide several incentives to enhance the growth of the MSMEs. The...
The decrease of income tax by 5 percent to the SMEs and the startups can be viewed as the good beginning of the year for the Small and Medium Enterprises (SMEs) which had been reeling under the sheer pressure...
The Union Budget 2017-18 has come as a great relief to the Indian startups. As the ruling government has advanced its ongoing initiative to encourage and strengthen the startups, the Finance Minister, Mr. Arun Jaitley, has proposed to extend...
Traditionally, there was a set hierarchy of IT distribution in India of National Distributor (ND), Regional Distributor (RD) , Distributor (Disti) and dealer which was functioning smoothly and efficiently. With onset of new channels like e-commerce, this traditional set-up and standard model...
The Quality Council of India (QCI) has claimed that it aims to certify as many as 22,000 MSMEs this year under the “ZED Scheme” which has been initiated by the Prime Minister Narendra Modi.
The Chairman of QCI Adil Zainulbhai...
Government under MSME has approved a package for providing support to the SMEs (Small and Micro Enterprises) across the country. This package would entail the augmentation of the corpus under the Credit Guarantee Fund for the SME ventures. This...
KVIC claimed that it has revived as many as 143 Khadi units, which were dysfunctional by using the grants from the MSME (Ministry of Micro Small and Medium Enterprises) and steps have been taken to start production of goods...
With the advancement of technology, there is no denying that digitalization has played a major role in the betterment of human life in various forms. With the Digital India mission issued by the Government of India, the Prime Minister...
The SMEs (Small and Medium Enterprises) caters to several industries and food processing industry dominate the Indian economy to a greater extent. This SME industry has been on the edge since the explosion of businesses in the 1990’s as...
The SMEs (Small and Medium Enterprises) play a significant role in the Indian economy. They form the major contributors to the country’s GDP and also as the employment hub of the country. The MSME (Micro, Small, and Medium Enterprises)...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
