Laghu Udyog Bharati, a national association of micro and small industries has opposed the move by the Union Government to amend the definition for micro, small, and medium scale enterprises (MSMEs) based on turn over.
Reasons for opposition:
If the Indian...
The report says, India decided not to join the mega Regional Comprehensive Economic Partnership (RCEP) deal as negotiations did not deal with New Delhi’s concerns. It is reportedly stated that India’s opinion at RCEP is a robust idea of...
The Ministry of Micro, Small and Medium Enterprises (MoMSME) is scheming to set up as many as 20 new tech centers across India.
Determined Price:
DC MSME is planning to establish as many as 20 TCs throughout India at an approximate...
The new definition of Micro Small and Medium Enterprises (MSMEs) may be linked to turnover and take away the cutting-edge system of classifying devices primarily based on the capital deployed in plant and machinery.
According to media reports, the MSME...
Mr.Bhalchandra Rane is the Chairman of the TMA- Federation of Industries India and Managing Director of UCP India- UCP Europe. In a Candid Interview with SME Venture, Mr. B.K. Rane deliberated about the association and status of SME Sector....
The Ministry of Micro, Small and Medium companies (MoMSME) has issued instructions for promoting of MSMEs within the northeastern area and Sikkim of the principal sector scheme “Technology resource Centres”.
With this objective in mind, a specified scheme for ‘merchandising...
Now the banks were allowed on-lending to agriculture as much as Rs 10 lakhs and micro and small businesses as much as Rs 20 lakh and housing up to Rs 20 lakh per borrower to be categorized as priority...
Maharashtra Chief Minister Devendra Fadnavis has promised industrialists from Murbad Maharashtra Industrial Development Corporation (MIDC) to authorize Rs 10 crore for the recovery of power distribution system in MIDC region to keep their dying industrial contrivances
The CM also said...
The government is willing to revive the MSME sector, which had been badly beaten by demonetization. RBI had even permitted a one-time restructuring existing loans to MSME that are in default, but the loans given to them have continued...
Micro, Small and Medium Enterprises (MSMEs) are arguably the riding force at the back of a nation’s financial growth. Notwithstanding this reality, many such organizations fail to flourish. One purpose for this is that even these days, SMEs is...
