In 2019, Prime Minister Narendra Modi envisaged transforming India into a powerful $5 trillion economy by the year 2024-25. Micro and small industries were supposed to be crucial player in achieving the goal due to the exceptional contribution of...
The Government vide notification no. S.O. 2119 dated 26.06.2020 has notified the composite criteria of classification of MSMEs based on investment in plant and machinery or equipment and turnover of the enterprises by simplifying the Udyam Registration process for...
Union Minister for Commerce & Industry, Textiles, Consumer Affairs & Public Distribution Piyush Goyal stated at the launch of the National Single Window System (NSWS) on Wednesday that it is a big step towards making India Aatmanirbhar.
“In this 75-week...
Ms. Alka Nangia Arora, IDAS (91) has assumed the additional charge of the post of Chairman cum Managing Director (CMD), The National Small Industries Corporation Ltd. (NSIC) on 14th September, 2021. On this occasion, she interacted with senior officers...
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 Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
